Groupe Dynamite Inc. (TSE:GRGD)
TSX:GRGD
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Earnings Data
Report Date
Jun 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.43Last Year’s EPS
0.25Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented overwhelmingly positive operational and financial results: strong top-line growth, record margins, exceptional inventory turns, rapid e-commerce expansion, robust cash generation and a confident FY26 outlook. Management acknowledged some risks—past tariffs (now resolved), rising transport costs, higher CapEx, real estate competition and concentration of growth in GARAGE—but framed them as manageable given the company's agile supply chain, strong balance sheet and proven playbook. Overall the highlights substantially outweigh the lowlights.Company Guidance
Strong Top-Line Growth
Total revenue for Q4 2025 increased 45% to $394.2 million; comparable brick-and-mortar sales were up 30.4% in Q4 and 26.7% for the full fiscal year.
Exceptional Profitability Expansion
Q4 adjusted EBITDA grew 81.6% to $144.4 million with an adjusted EBITDA margin of 36.6% (up 740 basis points year-over-year); full-year adjusted EBITDA margin was 36.5% (up 490 basis points). Operating income rose 128.8% to $116 million.
Record Gross Margins and Gross Profit
Q4 gross profit increased 54.9% to $248.3 million and gross margin expanded 400 basis points to a record 63% (full-year gross margin 63.8%, up 100 basis points).
Outstanding Inventory Productivity
Inventory turns reached ~9.9x (9.85x for fiscal 2025), highlighted as a key operational advantage enabling lower markdowns and better risk management.
Rapid E-commerce Growth and Penetration
Q4 online revenue increased 63.3% to $100.6 million with online penetration reaching 25.5% (up 280 basis points year-over-year); e-commerce grew 44.2% for fiscal 2025 with penetration near 19% for the year and a medium-term target of ~25%.
Strong Cash Generation and Balance Sheet
Q4 free cash flow of $101.5 million (nearly doubled year-over-year) and full-year free cash flow of $335.2 million (more than doubled). Ended year with over $82 million cash, $312 million available on credit facilities, and net leverage improved to 0.83 turns.
High Capital Efficiency and Returns
Return on assets improved to 36.2% from 26% year-over-year; return on capital employed rose to 70.3% from 47.4%, reflecting efficient deployment of capital.
Successful Store Openings and International Debut
Reported the two best store openings in company history (GARAGE Bluewater and GARAGE Oxford Street); U.K. e-commerce launched early February and five U.K. stores included in FY26 plan. Full-year sales per square foot were $952.
Shareholder-Friendly Capital Allocation
Repurchased ~883,000 shares for $34.7 million during fiscal 2025 (over 1.2 million repurchased under NCIB representing ~94% of the program) while maintaining investment in growth (CapEx in FY25 $85.5M; guidance FY26 $100M–$110M).
Bullish FY26 Guidance
Management guided FY26 comparable store sales growth of 11%–14%, total revenue growth of 22%–25%, and adjusted EBITDA margin expansion to 37.75%–39.25%; plans 24–26 gross new stores (10–12 net) including five U.K. openings.
TSE:GRGD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:GRGD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 01, 2026 | C$76.59 | C$75.61 | -1.28% |
Dec 09, 2025 | C$76.08 | C$81.63 | +7.29% |
Sep 10, 2025 | C$40.13 | C$46.27 | +15.31% |
Jun 17, 2025 | C$16.05 | C$19.07 | +18.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Groupe Dynamite Inc. (TSE:GRGD) report earnings?
Groupe Dynamite Inc. (TSE:GRGD) is schdueled to report earning on Jun 23, 2026, Before Open (Confirmed).
What is Groupe Dynamite Inc. (TSE:GRGD) earnings time?
Groupe Dynamite Inc. (TSE:GRGD) earnings time is at Jun 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:GRGD EPS forecast?
TSE:GRGD EPS forecast for the fiscal quarter 2026 (Q1) is 0.43.