Gildan activewear reports results for the third quarter of 2023 and updates its fiscal 2023 guidance

(all amounts are in u.s. dollars except where otherwise indicated) (1) please refer to "definition and reconciliation of non-gaap financial measures" in this press release net sales of $870 million, up 2% operating margin of 17.8%, adjusted operating margin1 of 18.1% gaap diluted eps of $0.73 and adjusted diluted eps1 of $0.74 cash flow from operations of $305 million and free cash flow1 of $265 million capital returned to shareholders of $113 million during the quarter through dividends and share repurchases the company updates its fiscal 2023 guidance to the lower end of previously provided revenue and eps ranges while maintaining expected fcf generation above $425 million montreal, nov. 02, 2023 (globe newswire) -- gildan activewear inc. (gil: tsx and nyse) today announced results for the third quarter ended october 1, 2023. "our competitive position remains very strong in a challenging environment driven by our industry-leading vertically integrated manufacturing platform.
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