Stock market news for investors: Groupe Dynamite reports strong fourth quarter and adjusts 2025 outlook – MoneySense

Based on the result, the retailer behind the Garage and Dynamite banners now expects comparable sales growth for the 2025 financial year to be between 26.5% and 27.0%. The new guidance for the year ending January 31, compared with previous expectations, was between 25.5% and 27.5%.

Groupe Dynamite also raised the lower end of its adjusted earnings before interest, taxes, depreciation and amortization margins for fiscal 2025. The retailer now expects adjusted EBITDA margin to be between 36% and 37%, compared to previous expectations of between 35% and 37%.

Capital expenditures for the year are expected to be between $80 million and $90 million, down from $85 million to $95 million, primarily due to the timing of payments.

Lululemon expects fourth-quarter revenue and earnings per share to be at the high end of expectations

Lululemon Athletica Inc. expects fourth quarter net sales and diluted earnings per share to be at the high end of expectations for the period. Chief Financial Officer Meghan Frank says the update is based on the company’s performance during the holiday season.

The retailer previously expected revenue of between $3.5 trillion and $3.585 billion and diluted fourth-quarter earnings per share between $4.66 and $4.76.

The company has made no changes to its gross margin, selling, general and administrative expenses, or effective tax rate guidance.

The results come as Lululemon CEO Calvin McDonald prepares to step down from his role effective January 31. Founder Chip Wilson, who has been critical of the company, has nominated three candidates to Lululemon’s board. He says the search for McDonald’s replacement should be led by new, independent directors.

Gold miner Kinross continues with three organic growth projects in the US

Kinross Gold Corp. says it is moving ahead with construction of three organic growth projects in the U.S., costing a total of nearly $1.4 billion. The company says the initial capital cost of its Round Mountain Phase The Kettle River-Curlew project in Washington is expected to cost $485 million over three years.

Kinross says the projects are expected to significantly extend the life of the mine and benefit long-term costs within the U.S. portfolio.

CEO Paul Rollinson says the new growth projects are expected to add three million ounces of life-of-mine production to the portfolio. The company says it plans to finance the projects from operating cash flows.

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