The number of Americans filing new applications for unemployment benefits fell more than expected last week, calming fears the labour market was unravelling and reinforcing that a gradual softening remains […]
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Canadian Tire Corporation Reports Second Quarter 2024 Results
SECOND QUARTER HIGHLIGHTSConsolidated comparable sales were down 4.6%. The consumer demand environment remained challenging, compounded by cold and wet weather, contributing to sales declines in all regions outside Atlantic Canada.CTR comparable […]
Tim Hortons parent company Restaurant Brands Q2 profit and revenue up from year ago
Restaurant Brands International Inc. reported its second-quarter profit and revenue rose compared with a year ago.The parent company of Tim Hortons and other restaurants, which keeps its books in U.S. […]
Telus Corp. reports Q2 net income up from year ago
Telus Corp. says its net income attributable to common shares came in at $228 million in its second quarter, 14 per cent higher compared with the same time last year.The […]
Manulife reports second-quarter net income of $1.04 billion
Manulife Financial Corp. says earnings were fairly flat in the second quarter as better market performance was offset by a sizable loss on a sale of debt instruments.The insurer says […]
Nutrien: Q2 Earnings Snapshot
Nutrien Ltd. (NTR) on Wednesday reported second-quarter profit of $385 million.The Saskatoon, Saskatchewan-based company said it had profit of 78 cents per share. Earnings, adjusted for asset impairment costs and […]
Shopify douses investor skepticism with solid quarter, shares jump 18 per cent
Shopify Inc. SHOP-T +17.85%increase reported earnings and guidance Wednesday that doused skepticism about its revenue and profit growth at a time of heightened macroeconomic uncertainty, driving the stock to one of its best […]
Shopify Announces Second-Quarter 2024 Financial Results
Revenue up 21%, and up 25% Adjusting for the Sale of Our Logistics Businesses;Gross Profit up 25% Year Over Year;Free Cash Flow Margin More Than Doubled Year Over Year to […]
Air Canada’s second-quarter profit falls as excess capacity hurts pricing power
Air Canada AC-T +1.61%increase reported a lower second-quarter profit on Wednesday, as excess capacity in certain markets and stiff competition on international routes hurt its pricing power.North American carriers are struggling to protect […]