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Groupe Dynamite Inc
Symbol GRGD
Shares Issued 15,156,565
Close 2025-06-19 C$ 23.00
Market Cap C$ 348,600,995
Recent Sedar Documents

Globe says Groupe Dynamite maintained at "buy"

2025-06-19 07:00 ET - In the News

The Globe and Mail reports in its Thursday, June 19, edition that Stifel analyst Martin Landry is keeping his "buy" call on Groupe Dynamite intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Landry gave his share target a boost to $27.50 from $26. Analysts on average target the shares at $25.15. Mr. Landry says in a note, "Groupe Dynamite currently trades at 11 times our F2026 EPS estimate, representing a 17-per-cent discount to the peer average, despite better operating metrics and faster growth." Shares of the Montreal-based fashion retailer surged 18.8 per cent on Tuesday after it reported quarterly revenue of $227-million, up 20 per cent year-over-year and above both the analyst's $209-million projection and the consensus forecast of $211-million. Comparable same-store sales growth of 13 per cent year-over-year blew past the 6-per-cent estimate of both Mr. Landry and the Street. Mr. Landry adds: "The increase was roughly evenly split between higher traffic and higher average unit retail. Groupe Dynamite successfully attracted customers despite raising AUR throughout the quarter to mitigate the impact of tariffs, exiting Q1 with an approximately 9-per-cent year-over-year increase in AUR."

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