MONTREAL - Groupe Dynamite Inc. reported a first-quarter profit of $51.7 million, up from $27.3 million in the same quarter last year, as its revenue rose 37 per cent.
The clothing retailer behind the Garage and Dynamite banners says its profit amounted to 45 cents per diluted share for the 13-week period ended May 2, up from a profit of 24 cents per diluted share a year earlier.
On an adjusted basis, Groupe Dynamite says it earned 50 cents per diluted share in its latest quarter, up from 25 cents per diluted share a year ago.
Revenue for the quarter totalled $310.6 million, up from $226.7 million in the same quarter last year.
Comparable store sales growth was 22.6 per cent.Â
The retailer's gross margin rose to a four-year high at 67.4 per cent, up from 62.1 per cent a year ago.
This report by The Canadian Press was first published June 16, 2026.
Companies in this story: (TSX:GRGD)
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