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Stock impact report

Guess? Q3 Earnings Lag Estimates, View Cut Amid External Challenges [Yahoo! Finance]

Gildan Activewear, Inc. Class A Sub. Vot. (GIL) 
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: gildancorp.com/investors-landing-page
Company Research Source: Yahoo! Finance
Revenues increased year over year, mainly backed by the rag & bone buyout (concluded in April 2024) and modest growth in the company's core businesses. The company is lowering its earnings and revenue outlook due to external challenges, including currency fluctuations, elevated freight costs and increased taxes. GES also anticipates that weak consumer sentiment and sluggish customer traffic in North America and Asia will continue to negatively affect its business in the fourth quarter. Despite these near-term challenges, the company remains focused on advancing its vision for growth and is committed to pursuing opportunities for long-term success in the coming year. GES posted adjusted earnings of 34 cents per share, which missed the Zacks Consensus Estimate of 43 cents and declined 31% year over year. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Guess?, Inc. price-consensus-eps-surprise-chart | Guess?, Inc. Quote Net revenues amounted to $738.5 mi Show less Read more
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