Category: Earnings
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Cascades Inc. Slashes Q1 Forecast Amid Weather Disruptions and Fuel Costs
Quebec-based paper and packaging leader Cascades Inc. (TSX: CAS) is down 3% today after the company issued a surprising downward revision to its first-quarter earnings outlook. Cascades announced that it has lowered its expected adjusted EBITDA for the quarter by more than $10 million, citing a “perfect storm” of operational hurdles. The revision has sent Read more
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MTY Food Group Stock Falls Despite Increase in Profit, as Sales Underwhelm
Shares of Quebec-based restaurant franchisor MTY Food Group Inc. (TSX: MTY) fell on Friday, despite the company reporting a sharp jump in its first-quarter profit. The company, which owns popular brands such as Cold Stone Creamery, Mr. Sub, and Thai Express, posted a net income of approximately $37 million for the first quarter of 2026. Read more