Description
In this episode of The Canadian Investor, we analyze the Canadian Consumer Price Index (CPI) for June 2024, which saw a headline CPI drop to 2.7% year-over-year, with notable changes in food, shelter, services, and energy prices. We also discuss the acquisition of Heroux Devtek by a private equity firm for $1.35 billion, reflecting a 28% premium.
Next, we review MTY Food Group's earnings, which revealed slight declines in revenue and system sales, alongside efforts to reduce debt and interest expenses. Aritzia reported a strong first quarter with 7.8% revenue growth, driven by U.S. operations and improved margins.
We preview BlackRock's anticipated 8% revenue increase, driven by higher assets under management, and cover Goodfood's ongoing struggles with declining revenue and a shrinking customer base despite improved profitability.
Tickers of Stocks & ETF discussed: MTY.TO, ATZ.TO, BLK, FOOD.TO
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Our Website Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast!
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It's a TSX stock roundup as Braden and Dan discuss results from Canadian companies.
Tickers of stock discussed: ATD, WSP, L, TVK, SHOP
Check out our portfolio by going to Jointci.com
Our Website
Canadian Investor Podcast Network Twitter: @cdn_investing
Simon’s twitter: @Fiat_Iceberg
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Published 11/28/24
Braden Dennis and Ryan Henderson hop on the mic to discuss some interesting trends and key earnings reports from Q3.
Tickers of stock discussed: NKE, SBUX, NFLX
Check out our portfolio by going to Jointci.com
Our Website
Canadian Investor Podcast Network Twitter: @cdn_investing
Simon’s...
Published 11/25/24