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Gildan shares plunge as clothing maker misses estimates, lowers full-year forecast
Source: The Globe and Mail
Corporate Guidance & OutlookCompany FundamentalsInflationInterest Rates & Yields
Gildan Activewear lowered its financial forecast for the year and withdrew its longer-term targets amid a sudden business slump. The company attributed the pressure to higher borrowing costs and inflation; the article provides no revised figures.
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