Canada's BMTC Group fiscal Q4 revenue falls on weaker Tanguay sales

BMTC

25/04/2026 24:45

Overview

Canada furniture and appliance retailer's fiscal Q4 revenue fell 4.9% on weaker Tanguay sales

Fiscal Q4 net earnings and basic EPS rose yr/yr, aided by pension plan recoveries and investments

Company repurchased and cancelled 508,700 shares during the year

Outlook

Company remains cautious due to slowdown in sales momentum observed toward end of fiscal year

Company expects real estate diversification to enhance financial resilience and reduce reliance on retail

Result Drivers

TANGUAY SALES DECLINE - Q4 revenue drop mainly due to lower commercial revenues from the Tanguay division and a 5% decrease in same-store sales

PENSION PLAN RECOVERY - Net earnings benefited from a recovery related to defined benefit pension plans in the retail division

INVESTMENT GAINS - Investment division earnings rose due to favorable stock market performance and higher unrealized gains on financial assets

Company press release: ID:nCNWZnSZJa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Basic EPS
C$0.60


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)