0833 ET - Gildan Activewear's revenue growth was crimped from the phase-out of its Under Armour licensing. Net sales in 4Q were up 5% over the prior year, but excluding the phase-out, net sales were up in the low-double digits, the company says. This also weighed on the company's hosiery and underwear category, where net sales fell 23%, in-line with company expectations. Excluding the impact of the phase-out, the segment's sales were up high single digits. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
February 19, 2025 08:33 ET (13:33 GMT)
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