Gildan Activewear (GIL) to Post Q2 Earnings: Factors to Note

Gildan Activewear's focus on expanding its activewear segment is likely to have been a pivotal factor in the upcoming earnings report. The Zacks Consensus Estimate for second-quarter revenues stands at $851.9 million, which indicates an increase of 1.4% from the prior-year reported figure. Gildan Activewear has a trailing four-quarter earnings surprise of 5.6%, on average. In the last reported quarter, this Montreal, Canada-based company surpassed the Zacks Consensus Estimate by a margin of 13.5%. Gildan Ac ...