Financial reporting

Gildan Activewear’s sales are down 9% in Q1 but in line with expectations

2023-05-08T12:38:00

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Montreal-based apparel maker Gildan Activewear has announced net sales of $703 million for the first quarter ended April 2, 2023, representing a 9 percent decrease year-over-year. The company said that the sales drop reflected anticipated headwinds connected with the current demand environment and strong comparative periods in the first half ...

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