Groupe Dynamite Q2 Adjusted Net Earnings, Revenue Rise
MT newswire2026/09/10 12:57Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:57 AM EDT, 09/10/2026 (MT Newswires) -- Groupe Dynamite (GRGD.TO) reported second quarter adjusted net earnings per share of CA$0.96 on Thursday, compared with CA$0.57, a year earlier. Analysts polled by FactSet expected EPS of CA$0.80. Revenue increased to CA$423.6 million in the quarter-ended Aug. 1, 2026, compared with CA$326.4 million, a year-ago. Analysts expected revenue of CA$401.7 million. The fashion retailer also raised its Fiscal 2026 forecast and now expects comparable store sales growth of 12% to 14%, total revenue growth of 25% to 27%, and adjusted EBITDA margin of 39.5% to 40.5%. Shares of the company closed down 2.5% to CA$56.87 on Wednesday on the Toronto Stock Exchange.
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