The Daily Chase: Air Canada and Sleep Country reports earnings

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Here are five things you need to know for Aug. 11, 2023.

Sometimes I am jealous of people who get to do longer form journalism. They really have time to get into things with their guests. Like I if I had 6-7 minutes with Paul Krugman, I would only be able to get to the high-level stuff: recession odds, inflation view, and fiscal outlook. But our colleagues at Bloomberg got at least 47 minutes with him. So you get to ask questions that are further down the list. I am not sure how far down this one was, but at least we have an answer.

.Saputo has been trawling at the bottom of the 52-week low list, so I’ll be curious how investors respond to the latest set of results. Sales and profit beat expectations, with total sales growing 4 per cent. But like Canadian Tire yesterday, the company is withdrawing its profit target for 2025 as it now expects global dairy demand to remain moderate vs a previous expectation of growth.

and says he is expecting 1.5 million attendees this yearStewart Schaefer, president and CEO of Sleep Country Canada, joins me at 10:30 a.m. Andrew Caprara, CEO, Softchoice at 11:20 a.m. Jimmy Pattison, chairman and CEO, The Jim Pattison Group at 1 p.m.

 

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