Gildan Activewear Inc. reconfirmed earnings guidance for the full year 2024 and announced preliminary revenue guidance for the first quarter of 2024. Gildan reconfirmed its 2024 full year guidance as announced on February 21, 2024 in its fourth quarter 2023 press release as well as the assumptions underpinning this guidance: Revenue growth for the full year to be flat to up low-single digits.

In addition, Gildan announced that its preliminary first quarter 2024 net sales are expected to come in at approximately $695 million, or down about 1% year over year, as previewed in the company's fourth quarter 2023 press release.