Goodfellow Posts Lower Earnings, Higher Sales for Third Quarter; Dividend Declared
MT newswire2026/10/06 21:2505:25 PM EDT, 10/06/2026 (MT Newswires) -- Goodfellow (GDL.TO) after trade Tuesday reported third-quarter earnings of CA$0.27 per diluted share, down from CA$0.44 a year ago. Sales for the quarter ended Aug. 31 stood at CA$145.7 million, compared with CA$141.9 million a year earlier. Corresponding FactSet figures were not available. The company said the quarter reflected mixed conditions in Canada's lumber and building materials sector. "Uncertainty surrounding trade policies weighed significantly on residential construction activity and consumer confidence in certain regions, while demand remained relatively stable in select commercial, industrial and infrastructure-related markets," it added. The board declared a CA$0.10 per share dividend, payable on Nov. 3, to shareholders of record as of Oct. 20.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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