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Groupe Dynamite jumps after lifting full-year forecast

ReutersDec 9, 2025 4:47 PM

Shares of Canadian fashion retailer Groupe Dynamite GRGD.TO up 9.90% to C$86.04

Co increases 2025 comparable store sales forecast between 25.5% and 27.5% compared to prior forecast of 17% to 19%

GRGD also declares a one-time special cash dividend of C$2.30 per share

Co posts higher third-quarter profit, driven by lower freight costs as tariff volatility eased and lower mark downs due to growing demand

Comparable store sales of 31.6% in Q3, compared with 10.1% growth a year ago

Q3 revenue jumped 40.3% to C$363 million ($262.3 million) from a year earlier

11 of 12 analysts rate the stock "buy" and one "hold"; median PT C$76.25 - data compiled by LSEG

Including sessions move, GRGD up 359.8% YTD

($1 = 1.3840 Canadian dollars)

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