Gildan Activewear (TSE:GIL) has released an update.
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.
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