Gildan Activewear (NYSE:GIL) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.40 by 7.5 percent. This is a 27.12 percent decrease over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $1.166 billion which beat the analyst consensus estimate of $1.152 billion by 1.24 percent. This is a 63.83 percent increase over sales of $711.700 million the same period last year.