Groupe Dynamite Reports Strong Third Quarter Earnings

  • 📰 SooToday
  • ⏱ Reading Time:
  • 20 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 85%

Business Nachrichten

Groupe Dynamite,Earnings,Revenue

Groupe Dynamite Inc. announced a 15.8% increase in third-quarter earnings, driven by robust revenue growth and comparable store sales.

Clothing retailer Groupe Dynamite Inc. says it earned $40.4 million in its third quarter, up from $34.9 million in the same quarter last year. Chief executive and chair Andrew Lutfy says that following a strong summer season, the company's momentum continued into the third quarter with strong revenue and comparable store sales growth. The company, which made its debut on the Toronto Stock Exchange last month, says the profit amounted to 38 cents per diluted share for the quarter ended Nov.

2, up from 32 cents per diluted share a year earlier. Revenue for the quarter totalled $258.8 million, up from $220.1 million in the same quarter last year. Comparable store sales growth for the quarter amounted to 10.1 per cent. On an adjusted basis, Groupe Dynamite says it earned 41 cents per diluted share, up from an adjusted profit of 33 cents per diluted share a year earlier

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 8. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Dynamite, Garage parent company makes debut on Toronto Stock ExchangeGroupe Dynamite Inc. kicked off its first day of trading on the Toronto Stock Exchange.
Herkunft: CTVNews - 🏆 1. / 99 Weiterlesen »