Gildan Activewear (TSE:GIL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Gildan Activewear’s CEO, Vince Tyra, announced the company’s commitment to strategic priorities focused on growth, innovation, and ESG, aiming to strengthen market position and accelerate value creation. Gildan reaffirmed its full-year guidance for 2024 and revealed preliminary Q1 revenue, with plans for an Investor Day in Fall 2024 to discuss a more detailed strategy. The company is optimistic about driving market share gains and achieving mid-single-digit sales growth, coupled with a targeted operating margin of 18-21% over the 2025-2028 period.
For further insights into TSE:GIL stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “More Hopeful than Real”: Is a Bidding War Brewing for Warner Bros. Discovery Stock (NASDAQ:WBD)?
- “Didn’t Develop the Way Automakers Thought.” Ford Notches Up, Reconsidering the EV Market
- “Our Focus is Increasingly…on Inference”: Intel Stock (NASDAQ:INTC) Jumps With Crescent Island Testing Next Year