Third-quarter revenue for the Montreal-based clothing company was $258.8 million, up 17.5 per cent compared to the same period last year. Net earnings increased 15.9 per cent to $40.4 million, while comparable store sales rose 10.1 per cent year on year. (The Logic)
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Third-quarter revenue for the Montreal-based clothing company was $258.8 million, up 17.5 per cent compared to the same period last year. Net earnings increased 15.9 per cent to $40.4 million, while comparable store sales rose 10.1 per cent year on year. (The Logic)
Talking point: The company went public on the Toronto Stock Exchange last month at $20.90 per share, just shy of its initial public offering price of $21. Despite a muted debut, Dynamite had shown steady growth ahead of its listing. CEO Andrew Lutfy said the impetus for the IPO was driven largely by his lack of successors. The company’s shares ticked up slightly on Tuesday’s earnings report, closing around $21.
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