Gildan Activewear Reports Q1 2022 Financials

Financial Highlights:

Record first quarter sales of $775 million, up 31% over prior year driven by strong demand
Operating margin of 20.9%, adjusted operating margin1 of 20.4% up from 18.7% last year
Record GAAP diluted EPS of $0.77, adjusted diluted EPS1 of $0.76 up 58% over Q1 2021
Continued execution on capital allocation priorities, including more than 5 million shares repurchased in the quarter
Sustainability-Linked Loan launched during the first quarter reinforcing strong commitment to ESG targets

Source: https://financialpost.com/globe-newswire/gildan-activewear-reports-record-results-for-the-first-quarter-of-2022

Seems like they crushed earnings but still down about 7% today