Gildan Activewear Inc. (NYSE:GIL) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET

Company Participants

Sophie Argiriou - VP, Investor Communications

Glenn Chamandy - President and CEO

Rhodri Harries - EVP and CFO

Conference Call Participants

Paul Lejuez - Citi

Vishal Shreedhar - National Bank

Stephen MacLeod - BMO Capital Markets

Jay Sole - UBS

Luke Hannan - Canaccord Genuity

Peter McGoldrick - Stifel

Brian Morrison - Jordan

Mark Petrie - CIBC

Chris Li - Desjardins

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Q2 2022 Gildan Activewear Earnings Conference Call. All lines have been placed on mute to prevent background noise. After the speaker's remarks, there will be a question-and-answer session.

[Operator instructions] Finally, please be advised that today's conference is being recorded.

I would now like to hand the conference over to Sophie Argiriou, Vice President of Investor Communications. Please go ahead.

Sophie Argiriou

Thank you, Gavin. Good morning, and thank you for joining us. Earlier this morning, we issued our press release announcing our earnings results for the second quarter of 2022. We also issued our interim shareholder report containing management's discussion and analysis and consolidated financial statements. These documents will be filed with the Canadian securities and regulatory authorities and the US Securities Commission and will be available on the company's corporate website.

With me today is Glenn Chamandy, Gildan's President and Chief Executive Officer; and Rhodri Harries, our Executive Vice President, and Chief Financial and Administrative Officer. Shortly, Rod will take you through the results, after which a Q&A session will follow.

Before we begin, please take note that certain statements included in this conference call may constitute forward-looking statements. Such forward-looking statements involve unknown and known risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements.

We refer you to the company's filings with the US Securities and Exchange Commission and the Canadian securities regulatory authorities. During this call, we will also discuss certain non-GAAP financial measures. Reconciliations to the most directly comparable IFRS financial measures are provided in today's earnings release and in our MD&A.

With that, I'll turn it over to Rhod.

Rhodri Harries

Thank you, Sophie. Good morning to all, and thank you for joining us on the call today. We were pleased to announce this morning that we delivered another strong quarter with record sales up 20% and EPS and adjusted EPS, up 15% and 27%, respectively.