Gildan Activewear Sees FY23 Revenue To Be Flat To Down Low Single Digits
Portfolio Pulse from Benzinga Newsdesk
Gildan Activewear has projected its FY23 revenue to be flat or decrease by low single digits.

August 04, 2023 | 12:59 pm
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Gildan Activewear's FY23 revenue is expected to be flat or decrease slightly, which may negatively impact its stock price.
Gildan Activewear's announcement of a potential decrease in FY23 revenue indicates a potential slowdown in growth, which could negatively impact investor sentiment and lead to a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100