09:01:40 EDT Fri 04 Sep 2026
Enter Symbol
or Name
USA
CA



Groupe Dynamite Inc
Symbol GRGD
Shares Issued 20,176,622
Close 2026-09-03 C$ 60.30
Market Cap C$ 1,216,650,307
Recent Sedar+ Documents

Globe says Groupe Dynamite maintained at "buy"

2026-09-04 07:06 ET - In the News

The Globe and Mail reports in its Friday, Sept. 4, edition that Ventum Financial's George Doumet says Groupe Dynamite is "shifting from the pace of growth to the durability of the earnings algorithm" as comparable same-store sales has "now normalized." The Globe's David Leeder writes that Mr. Doumet says in a note: "We forecast Q2/F26 comps of 10.5 per cent, ahead of consensus, with an improving two-year stack and strong U.S. data pointing to healthy underlying momentum. Gross margin is now the key swing factor, supported by easier tariff laps and the U.S. distribution centre, with higher markdown rates the key risk. Meanwhile, cash generation should accelerate following a tax-heavy Q1, supporting an already active buyback. With the shares still reflecting a meaningful derating despite an intact growth and cash generation story, we remain 'buy' with a $95 [share] target." Ahead of the release of its second quarter results on Sept. 10, Mr. Doumet notes that sales growth remains "strong" with the focus now turning to margins. "We forecast Q2/F26 comparable sales growth of 10.5 per cent, ahead of consensus at 9.7 per cent and above the 9-per-cent pace (11-per-cent constant currency) disclosed six weeks into the quarter."

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