Gildan Withdraws 2026-2028 Goals, Forecasts $700 Million to $750 Million in Free Cash Flow
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On Nov. 5, Gildan Activewear Inc. withdrew its objectives for 2026-2028 and forecast free cash flow of $700 million to $750 million. The apparel maker also gave a 2026 revenue outlook of $5.4 billion to $5.5 billion and an adjusted diluted earnings-per-share range of $3.70 to $3.80. Those ranges match the company’s previously lowered guidance. The earlier guidance cut lowered the revenue range from $6 billion to $6.2 billion and adjusted diluted earnings-per-share guidance from $4.65 to $4.75. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
