Groupe Dynamite Reports Strong Third Quarter Earnings

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

Business Nieuws

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

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 8. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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