GIL Q4 Earnings & Sales Beat Estimates, Activewear Sales Rise Y/Y
Portfolio Pulse from
Gildan Activewear reported strong Q4 results with higher sales and earnings, driven by increased activewear sales and lower raw material costs, leading to an improved gross margin.
February 20, 2025 | 7:00 pm
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Gildan Activewear's Q4 earnings and sales exceeded estimates, with a notable increase in activewear sales and improved gross margins due to lower raw material costs.
The positive earnings report, with sales and earnings exceeding estimates, is likely to boost investor confidence and drive the stock price up in the short term. The improved gross margin due to lower raw material costs further strengthens the company's financial position.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100