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Category: Retail Stocks
Canadian Tire Acquires Hudson’s Bay IP in $30M Deal as Iconic Retailer Nears Closure
A Canadian Legacy Changes Hands Hudson’s Bay Co., one of the world’s oldest retailers, is approaching its final chapter. After entering creditor protection in March, the 355-year-old company has begun liquidating its assets, including its well-known branding. On Thursday, Canadian Tire announced a $30 million agreement to acquire Hudson’s Bay’s intellectual property, including trademarks, logos,… Read more
Loblaw Companies Grows Profit by 10% in Q1 2025
Loblaw recently reported earnings, and let’s go over how they look, what they mean for the stock, and if it’s a good buy. Earnings Remain Solid and Outlook Is Promising Q1 ended on March 22, and the company’s sales totaled $14.1 billion, which was an increase of 4.1% year over year. What was of key… Read more
This Retail Stock Is Soaring in 2025 and Offers a Great Way to Diversify Outside of the U.S. Market
If you’re looking for a top retail stock to own, without worrying about how the U.S. will do amid an intensifying trade war with China, there’s one company you may not want to overlook, and that’s Canadian-based Dollarama (TSX:DOL). Dollarama has been one of the best growth stocks on the TSX in recent years. And… Read more
Dollarama Stock Hits All-Time Highs—Is It Still a Buy?
A High-Flying Stock With Strong Growth Dollarama has been one of the best-performing stocks on the TSX, delivering nearly 300% returns over the past five years. Even with concerns about consumer spending, the discount retailer continues to thrive. In its last reported quarter (which ended on Oct. 27, 2024), comparable sales grew 3.3%, showing resilience… Read more
Couche-Tard’s Pursuit of 7-Eleven Is Still On!
A Rare Opportunity for Global Scale Alimentation Couche-Tard (TSX:ATD) has spent years establishing itself as a leader in the convenience store sector, with $73 billion in its most recent fiscal year. The company has close to 17,000 stores globally, with a presence in 31 countries and territories. Despite its dominant presence across North America and… Read more
Canadian Tire Posts Strong Q4 Earnings: Is the Stock a Buy?
Retail giant Canadian Tire (TSX:CTC.A) reported its fourth-quarter earnings on Thursday. Here are the key numbers for investors: Comparable Sales Growth Analyzing the numbers The quarterly numbers from Canadian Tire were encouraging in Q4, as the company generated comparable sales growth across its major brands. And this isn’t a particularly easy time to do that,… Read more
Canada Goose Stock Drops on China Weakness and Disappointing Earnings Report
China’s luxury market weighs on performance Canada Goose Holdings (TSX:GOOS)(NYSE:GOOS) missed revenue estimates and lowered its profit forecast, sending shares lower in Thursday trading. The high-end outerwear brand reported third-quarter revenue of $607.9 million, slightly below last year’s $609.9 million and well short of analyst expectations of $620.9 million. In terms of earnings per share… Read more
Can Loblaw Stock Be a Safe Buy Despite the Looming Tariff Risk in the Markets?
Rising costs and trade uncertainties have put pressure on many Canadian companies, especially those with exposure to the U.S. economy. Tariffs and supply chain disruptions have made it difficult for businesses to maintain margins, leading to volatility in the stock market. However, Loblaw (TSX:L) stands out as a relatively safe option in this environment. As… Read more
Best Canadian Stocks to Buy for 2025
The TSX has been on a strong run this year, reflecting the resilience of the Canadian economy and the solid performance of key sectors such as energy, financials, and technology. Amid rising global uncertainty and fears of a potential market correction, many investors are reevaluating their portfolios. Focusing on value-oriented stocks can help mitigate risk… Read more
Canadian Tire Shows Resilience Amid Challenging Consumer Environment, Raises Dividend for 15th Straight Year
Canadian Tire Shows Resilience Amid Challenging Consumer Environment, Raises Dividend Quarterly Financial Performance Canadian Tire recorded Q3 revenue of $4.19 billion, down 1.4% year-over-year, reflecting conservative spending as consumers prioritize essentials over discretionary items. Net income for the quarter reached $200.6 million, or $3.59 per diluted share, a sharp rebound from a $66.4 million loss… Read more