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.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

You may also like

Alberta Freezes Carbon Price To Protect Jobs And Industry

Alberta Premier Danielle Smith has announced that her government is freezing the industrial carbon price at $95 per tonne. This....

McDonald’s Plans to Hire 375,000 With Labour Secretary

McDonald’s is kicking off a massive summer hiring spree, aiming to bring 375,000 new workers on board across the U.S.....

Canadian Millionaires Demand Higher Taxes on Themselves

A group of Canadian millionaires is making headlines—not for dodging taxes, but for urging the government to tax them more.....

 ‘Take it to the next level’: Oil and Gas sector turns to AI tools

At Imperial Oil’s massive oilsands sites in Alberta, you’ll still spot traditional equipment like haul trucks and shovels—but now they’re....

Air Canada Lowers Financial Outlook Due To Decline In U.S. Bookings Amid Trade War

Air Canada has revised its financial forecast for the year, citing a sharp decline in bookings to the United States....

Hudson’s Bay Attracts 17 Bidders In Race To Take Over Iconic Retailer

Hudson’s Bay, Canada’s oldest department store chain, has received 17 formal bids from potential buyers looking to take over parts....

Canada’s Unemployment Rate Climbs To 6.9% In April

Canada’s jobless rate climbed to 6.9% in April, marking the highest level seen since before the COVID-19 pandemic, according to....

Cenovus Energy Shares Rise After Dividend Boost, Q1 Beat

Cenovus Energy Inc. saw its shares soar over 9% on Thursday after announcing stronger-than-expected first-quarter earnings and a bigger dividend....

No Insiders Bid for Hudson's Bay in Court-Led Sale

In a surprising development, court documents now confirm that none of Hudson’s Bay’s top executives or insiders have stepped forward....

Canada Turns to Global Markets as U.S. Trade Slumps

Ottawa — Canada is beginning to shift its trade focus away from the United States, turning instead to other international....

Canada Post Faces Potential Strike Again by End of May

Canada Post might be on the brink of another nationwide strike later this month. The temporary agreements between the postal....

Hudson’s Bay Restores Commission Pay But Refuses Severance

Hudson’s Bay Company has reversed its earlier decision to cut commission pay for hundreds of its beauty and fragrance advisers....