Stock market news for investors: Cineplex and Aritzia post strong results despite industry headwinds – MoneySense

Cineplex says box office revenue for the third quarter totaled $159.5 million, up from $174.9 million a year earlier.

Ellis Jacob, CEO of Cineplex, says that despite the difficult comparative figures last August, with the release of Deadpool & Wolverine, the box office performed well in the third quarter compared to a year ago. He added that the success of Taylor Swift, The Official Release Party of A Showgirl last weekend marked a dynamic start to the fourth quarter.

Cineplex has 171 cinemas and entertainment venues across Canada.

Aritzia’s Q2 profit increase driven by US customer growth and operational changes: CEO

Aritzia Inc. said the strength of its U.S. operations and moves to avoid higher shipping costs boosted its latest quarterly results. “We have seen excellent new customer growth in the United States, where our base of loyal customers is growing quarter over quarter. We are also super pleased with our second quarter results in Canada,” Aritzia CEO Jennifer Wong told analysts on a call Thursday.

The Vancouver-based apparel retailer reported second-quarter net income of $66.3 million, compared to $18.2 million in the same period last year. Net sales rose by almost a third to $812.1 million, compared to $615.7 million in the same period a year earlier.

The company said U.S. net sales rose more than 40 percent to $486.1 million, accounting for just under 60 percent of total sales. Wong also noted that the company launched a new international e-commerce platform in August, which she said drove higher sales growth. “The performance in the first six weeks has far exceeded our expectations, and we are confident we will achieve our goal of tripling revenue in two years or less,” she said.

In August, the U.S. ended the so-called de minimis exemption, which allowed packages worth $800 or less to be shipped south of the border without tariffs. “Previously, under the de minimis exemption, we used our existing supply chain network in Canada to fulfill a portion of US e-commerce orders. However, the lifting of the de minimis exemption in August required an operational pivot,” Wong said.

She said the company has moved all U.S. order fulfillment to its Ohio distribution center, which expanded last year to more than double its previous size. Wong said the company had hired additional staff at the facility.

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“Despite the headwinds from the removal of de minimis and higher reciprocal tariffs for Vietnam and Cambodia, our proactive mitigation strategies and strong sales growth have positioned us very well,” she said. “As a result, our margin outlook for fiscal 2026 remains unchanged at 15.5 to 16.5 percent. We are leveraging our flexible global supply chain to minimize tariff exposure where possible.”

Todd Ingledew, Aritzia’s chief financial officer, said that due to the retailer’s performance this year and improved expectations for the second half of the year, net sales guidance for the full fiscal year is being raised to between $3.3 billion and $3.5 billion. In its January first-quarter report, Aritizia had forecast net sales of $3.1 billion to $3.25 billion.

For the second quarter, Aritzia’s net income per diluted share was 56 cents, compared to 16 cents per diluted share a year earlier. On an adjusted basis, Aritzia’s net income was $69.8 million, up from $24.5 million in the second quarter of last year.

The US government will take a 10 percent stake in the Canadian mining company Trilogy Metals

Vancouver-based Trilogy Metals Inc. (TSX:TMQ) says the US government will take a 10% stake in the mineral exploration company, which has mining interests in Alaska that Washington wants to see developed. The U.S. government is spending $35.6 million on the deployment and has options to increase it further in the future. The transaction remains subject to regulatory and other approvals.

The announcement comes as US President Donald Trump signed an executive order directing the construction of a road in Alaska that will provide access to the Ambler mining district, an area rich in copper where Trilogy Metals has a stake through a joint venture. The long-discussed Ambler Road project was approved during the first Trump administration but was later blocked by the Biden administration after an analysis found the project would threaten caribou and other wildlife and harm indigenous peoples who rely on hunting and fishing.

“This proposed partnership with the U.S. government represents an important milestone for Trilogy Metals and in developing a secure, domestic supply of critical minerals for America in Alaska,” Trilogy Metals CEO Tony Giardini said in a news release. The partnership underscores the strategic importance of Trilogy’s Upper Kobuk Mineral Projects in supporting U.S. energy, technology and national security priorities, he said.

U.S. Secretary of the Interior Doug Burgum said the investment will help secure crucial mineral supplies.

“They (Trilogy Metals) are one of the companies that have mining claims in this area that is currently a remote wilderness, and are once again making that investment so that we can ensure that we secure these critical mineral reserves and that that company’s property will benefit the American people,” he said.