Gildan Activewear Up 1.9% In US After Hours As CEO Vince Tyra Provides "Key Focus Strategic Priorities"; Comes After It Reportedly Set April 10 Deadline For Initial Takeover Offers-March 2024-www.financetom.com

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Gildan Activewear Up 1.9% In US After Hours As CEO Vince Tyra Provides "Key Focus Strategic Priorities"; Comes After It Reportedly Set April 10 Deadline For Initial Takeover Offers

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Gildan Activewear Up 1.9% In US After Hours As CEO Vince Tyra Provides "Key Focus Strategic Priorities"; Comes After It Reportedly Set April 10 Deadline For Initial Takeover Offers

Apr 15, 2024 1:47 PM

04:40 PM EDT, 04/15/2024 (MT Newswires) -- Gildan Activewear ( GIL ) chief executive Vince Tyra, after trade Monday unveiled his key focus strategic priorities. Concurrently, the company also reaffirmed its 2024 full year guidance and announced preliminary Q1 revenue. Furthermore, the company said it intends to hold an Investor Day in the Fall of 2024 to provide a "comprehensive strategic plan".

This comes after the company had reportedly set April 10 as the deadline for an initial takeover offer, and comes amid a heated fight about the make up of its board.

The company's shares were last seen up US$0.68 to US$36.01 in after-hours New York trading. They closed down C$0.33 to C$48.71 on the Toronto Stock Exchange.

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