Gildan Activewear Inc. will release its fourth-quarter and full-year earnings before markets open on Wednesday and hold a conference call with financial analysts. The Gildan logo is seen outside their offices in Montreal, Monday, Dec. 11, 2023. THE CANADIAN PRESS/Christinne Muschi


February 19, 2024

Toronto - Five key developments to monitor in the Canadian business landscape during the upcoming week

Inflation Figures:

On Tuesday, Statistics Canada will unveil its latest inflation data, presenting the consumer price index for January. After a 3.1% increase in November and a subsequent 3.4% rise on a year-over-year basis in December, analysts await the new figures.

Gildan's Financial Report:

Gildan Activewear Inc. is set to disclose its fourth-quarter and full-year earnings before markets open on Wednesday, accompanied by a conference call with financial analysts. The company has been immersed in a dispute with shareholders seeking the reinstatement of founder Glenn Chamandy as CEO.

Suncor's Financial Results:

On Wednesday evening, Suncor Energy Inc. will release its fourth-quarter and full-year results, followed by a conference call with investment analysts on Thursday morning. Earlier this month, the state of Colorado imposed a $10.5 million fine on the company for air pollution violations spanning July 2019 to June 2021.

Loblaw's Quarterly Report:

Loblaw Cos. Ltd. is slated to unveil its fourth-quarter and full-year results on Thursday morning, hosting a conference call to discuss the report. The release occurs amid heightened scrutiny within the grocery industry regarding food costs.

 Teck Resources Performance:

Teck Resources Ltd. will announce its fourth-quarter and full-year results and conduct a conference call with investors on Thursday morning. The company recently disclosed that its copper production for 2023 fell short of annual guidance, while zinc production slightly missed expectations.

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