China’s exports beat forecasts in April, buoyed by demand for materials from overseas manufacturers who rushed out goods to make the most of U.S. President Donald Trump’s 90-day tariff pause.The […]
Author: Consultant
Canadian Tire Corporation Reports Strong First Quarter 2025 Results
FIRST-QUARTER HIGHLIGHTSConsolidated comparable sales were up 4.7% and consolidated retail sales1 were up 5.1%. Increased trips drove sales growth across all banners, with particular strength in Ontario, Quebec and Eastern Canada.Canadian Tire Retail (CTR) comparable sales1 grew […]
Enbridge Reports Record Quarterly Results and Reaffirms 2025 Financial Guidance, Illustrating Its Industry Leading, Resilient Business Model
Highlights(All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.)First quarter GAAP earnings of $2.3 billion or $1.04 per common share, compared […]
Canadian Natural Resources’ quarterly profit tops estimates on higher production
Canadian Natural Resources CNQ-T +5.99%increase reported a first-quarter profit on Thursday that beat analysts’ estimates, helped by higher oil and natural gas production, sending the company’s U.S.-listed shares up more than 2 per […]
Shopify stock falls despite strong first-quarter revenue growth
Shopify SHOP-T -1.33%decrease reported double-digit revenue growth for its first fiscal quarter, but the stock slumped during morning trading as the company’s outlook fell short ofanalysts’ expectations.Harley Finkelstein, president of the Ottawa e-commerce […]
Tim Hortons-parent Restaurant Brands misses quarterly results on weak demand
Restaurant Brands QSR-T -0.01%decrease missed first-quarter revenue and profit estimates on Thursday, hurt by sluggish demand at its restaurant chains such as Burger King and Tim Hortons amid tariff-related uncertainty.The restaurant industry has […]
BCE cuts dividend by more than half, signs Ziply deal with PSP
Telecom company BCE Inc. BCE-T +6.79%increase has cut its dividend by more than half, marking a long-anticipated departure from its extended history of steady payout growth.BCE is reducing its annualized dividend to $1.75, […]
Cenovus Energy exceeds quarterly profit estimates on higher production
Canadian oil and gas producer Cenovus Energy CVE-T +9.88%increase on Thursday posted a fall in first-quarter profit but managed to beat Wall Street estimates on the back of higher output and improved refining […]
Nutrien misses first-quarter profit estimates on delayed field activity
Nutrien NTR-T +0.80%increase fell short of Wall Street expectations for first-quarter profit on Wednesday, as the top potash producer was impacted by delayed field activity due to wet weather conditions in North America.The […]