Groupe Dynamite Posts Strong Q4, Revises 2025 Outlook

Groupe Dynamite raises expectations for fiscal 2025 after strong holiday sales

Groupe Dynamite Inc., the parent company of fashion banners Dynamite and Garage, reported robust holiday demand and updated its outlook for the 2025 financial year. Management said comparable store sales for the first nine weeks of its fourth quarter rose by 30.8%.

Based on that momentum, the retailer now expects comparable store sales growth for the year ended Jan. 31 to be between 26.5% and 27.0%, a slight upward shift from its previous range of 25.5% to 27.5%. This revision narrows the uncertainty around expected sales performance and reflects the strong early-quarter trends.

Groupe Dynamite also raised the lower bound of its adjusted EBITDA margin forecast. The company now anticipates an adjusted EBITDA margin of 36% to 37%, up from the prior lower bound of 35%. That increase suggests improved profitability expectations, driven by stronger sales or better cost control during the period.

Capital expenditures are expected to be slightly lower than previously estimated. The company now projects spending of $80 million to $90 million for the year, down from $85 million to $95 million, citing timing of payments as the main factor behind the revision.

Lululemon expects fourth-quarter results at top of guidance range

Lululemon Athletica Inc. said it now expects its fourth-quarter net revenue and diluted earnings per share to finish at the high end of the company’s guidance, citing stronger-than-anticipated performance over the holiday season. The update was issued by the company’s finance team and reflects sales trends through the recent period.

Previously, Lululemon had guided fourth-quarter revenue between US$3.500 billion and US$3.585 billion, and diluted earnings per share in a range of US$4.66 to US$4.76. The company did not change its guidance for gross margin, selling, general and administrative expenses, or its effective tax rate.

The announcement arrives as the company prepares for leadership change: CEO Calvin McDonald is set to step down effective Jan. 31. Founder Chip Wilson, who has been a vocal critic at times, has nominated three director candidates to the board and advocated for a search process led by independent directors. Investors will likely watch for both the leadership transition and the company’s ability to sustain sales momentum into the next fiscal year.

Kinross Greenlights three U.S. growth projects totaling nearly US$1.4 billion

Kinross Gold Corp. confirmed plans to proceed with three organic growth projects in the United States, with combined initial capital costs approaching US$1.4 billion. The company provided project-level estimates: Round Mountain Phase X in Nevada at US$400 million over four years; Bald Mountain Redbird 2 in Nevada at US$490 million over three years; and Kettle River‑Curlew in Washington at US$485 million over three years.

Kinross said these projects are expected to extend mine life for the company’s U.S. operations and improve long-term unit costs across the portfolio. Chief executive Paul Rollinson noted the projects are projected to add roughly three million ounces of life-of-mine production to Kinross’s portfolio.

The company indicated it plans to fund these developments from operating cash flows rather than relying primarily on external financing. For investors, the decision signals a commitment to organic growth and a focus on capital allocation that supports future production and cash generation.

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