CANADA: Gildan warns on margins despite record Q4
T-shirt and underwear maker Gildan Activewear Inc has booked a 34% hike in fourth quarter earnings, but warned that higher cotton costs in the year ahead are likely to eat into margins.
T-shirt and underwear maker Gildan Activewear Inc has booked a 34% hike in fourth quarter earnings, but warned that higher cotton costs in the year ahead are likely to eat into margins.