1137 ET - Gildan Activewear remains cautiously optimistic about its prospects this year, even with looming tariffs threatening the economy. In an earnings call, CFO Rhodri Harries says "we're cautiously optimistic as we look ahead to 2025," despite broader market conditions that remain mixed on the back of geopolitical uncertainties and the potential longer term repercussions of some trade policies being unclear. "Although the situation remains fluid in broader terms, tariffs related to China, Canada, and Mexico are not expected to impact our business," Harries says. Shares are up 3.7% to C$76.40. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
February 19, 2025 11:37 ET (16:37 GMT)
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