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GRGD Groupe Dynamite News Story

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Canada's Groupe Dynamite Q1 revenue rises on comparable store sales growth

Canada's Groupe Dynamite Q1 revenue rises on comparable store sales growth 


Overview

  • Canada fashion retailer's fiscal Q1 revenue rose 37% year-over-year

  • Adjusted diluted EPS doubled from prior year

  • Company repurchased 1,011,200 shares for about C$89.8 mln during the quarter


Outlook

  • Groupe Dynamite raises fiscal 2026 adjusted EBITDA margin guidance to 38.25%-39.50%

  • Company expects fiscal 2026 revenue growth of 22%-25%

  • Company sees fiscal 2026 comparable store sales growth of 11%-14%


Result Drivers

  • COMPARABLE SALES & NEW STORES - Revenue growth driven by 22.6% comparable store sales growth and contributions from new stores

  • GROSS MARGIN EXPANSION - Gross margin rose to 67.4%, helped by lower tariffs, controlled merchandise costs and reduced markdowns

  • MARKETING & ASSORTMENTS - Positive customer response to assortments and marketing campaigns supported sales growth


Company press release: ID:nCNWpW1D5a


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

C$310.6 mln

Q1 Adjusted EPS

C$0.50


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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