Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Aegis Brands ( (TSE:AEG) ) has issued an update.
Aegis Brands reported a 5.2% decrease in system sales to $30.1 million for the first quarter of 2025, with same-store sales down by 7.7%. Despite these declines, the company maintained its EBITDA from continuing operations at $1.1 million. Aegis is actively pursuing growth through new store openings, including a new location in Shediac, New Brunswick, and plans for additional locations in Nova Scotia and Ontario. The company has launched a significant menu overhaul at St. Louis Bar & Grill to attract new customers and improve franchisee profitability. These strategic changes are expected to drive long-term traffic and sales growth, positioning Aegis for a stronger market presence.
More about Aegis Brands
Aegis Brands Inc. operates in the hospitality industry, primarily focusing on restaurant services. The company is known for its St. Louis Bar & Grill brand, which offers a variety of menu items including wings, pastas, pizzas, and more. Aegis Brands is focused on expanding its market presence through new store openings and enhancing customer experience with revamped menus and store designs.
YTD Price Performance: 2.70%
Average Trading Volume: 10,384
Technical Sentiment Signal: Buy
Current Market Cap: C$32.41M
See more data about AEG stock on TipRanks’ Stock Analysis page.