October 6, 2022
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making information

Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making information and on the transfer in the present day.

Pet Valu Holdings Ltd. (PET-T) reported same-store gross sales development got here in at 16.7 per cent for its fourth quarter ended Jan. 1 and elevated its dividend.

Income was $223.1-million, up 9.7 per cent, in comparison with $203.4-million within the fourth quarter final 12 months and forward of expectations of $213.8-million. The comparative quarter consists of $15.4-million of income from a 14th week, the corporate stated. “The rise in income was pushed by development in retail gross sales, in addition to franchise and different revenues,” it acknowledged.

Internet earnings was $26.7-million, up from $13.8 million within the prior 12 months. Adjusted internet earnings elevated to $29.3-million or 41 cents per share from $17.3-million or 31 cents a 12 months earlier. The expectation was for adjusted EPS of 37 cents per share.

The corporate elevated its quarterly dividend to six cents per share up from a penny per share, which was initiated late final 12 months.

In its outlook, the corporate stated it expects income between $845-million and $870-million, supported by same-store gross sales development between 6 per cent and 9 per cent and 30 to 45 new retailer openings.

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Crew Vitality Inc. (CR-T) reported gross sales of $103.2-million up from $42.6-million a 12 months earlier.

Internet earnings of $50.9-million or 31 cents per share in comparison with $34.7-million or 22 cents a 12 months earlier.

Adjusted funds move was $46.8-million or 29 cents versus $15.6-million or 10 cents a 12 months earlier. The expectation was for adjusted FFO of 26 cents within the newest quarter.

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Stella-Jones Inc. (SJ-T) elevated its quarterly dividend and reported fourth-quarter earnings that beat Avenue expectations.

The corporate reported gross sales of $545-million, up from gross sales of $533-million for a similar interval in 2020 and forward of expectations of $497.6-million.

Internet earnings was $22-million or 34 cents per share, in comparison with internet earnings of $34-million or 52 cents per share a 12 months earlier. The expectation was for earnings of 31 cents within the newest quarter.

The corporate additionally declared a dividend of 20 cents per share, a rise of 11 per cent over the earlier quarterly dividend.

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Reliq Well being Applied sciences Inc. (RHT-X) introduced that it has signed new contracts in Nevada with a main care group that features six clinics, and with a maxillofacial surgical procedure observe.

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American Resort Earnings Properties REIT LP (HOT-UN-T) reported income of US$62.6-million in its fourth quarter, which was in keeping with expectations and in comparison with US$39.4-million a 12 months earlier.

Its internet loss for the quarter was US$14.1-million, in comparison with a lack of US$20.9-million for a similar interval in 2020.

Funds from operations elevated to US$6-million or 7 cents per unit from US$5.2-million or 7 cents a 12 months earlier.

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Canada Nickel Firm Inc. (CNC-X) introduced a $25-million bought-deal financing. The corporate stated it has an settlement for the financing with Crimson Cloud Securities Inc. to behave as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters that features Clarksons Platou Securities AS.

“This financing gives us the flexibleness to stay well-funded with a broader base of institutional shareholders to assist the corporate as we proceed to aggressively advance the Crawford Nickel Sulphide Challenge,” acknowledged CEO Mark Selby.

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Ascend Wellness Holdings, Inc. (AWH-CN) reported fourth-quarter income elevated to US$88.5-million from US$54.3-million a 12 months earlier.

Its internet lack of US$16.5-million or 10 cents per share in comparison with a internet lack of US$7.5-million or 7 cents a 12 months earlier.

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Chook Development Inc. (BDT-T) reported building income of $597.8-million within the fourth quarter in comparison with $555-million a 12 months in the past. The expectation was for income of $639.7-million, in response to S&P Capital IQ.

Internet earnings of $9.9-million or 18 cents per share in comparison with $20.5-million or 39 cents a 12 months earlier. Adjusted EPS was 24 cents, forward of expectations of 23 cents and in comparison with 41 cents a 12 months earlier.

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Richards Packaging Earnings Fund (RPI.UN-T) introduced a particular money distribution of 69 cents per unit for the unitholders and exchangeable shareholders of document on the shut of enterprise on March 16, payable on March 18.

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Minto House Actual Property Funding Belief (MI.UN-T) reported income of $32.4-million, a rise of 4.8 per cent from a 12 months earlier and forward of expectations of $31.4-million.

Funds from operations elevated by 10 per cent to $13.2-million in comparison with $12-million a 12 months earlier. Adjusted FFO got here in at $11.7-million or 19 cents, head of expectations of 17 cents and in comparison with $10.5-million or 18 cents a 12 months earlier.

Internet earnings was $24.9-million up from $23-million a 12 months earlier.

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AirBoss of America Corp. (BOS-T) reported fourth-quarter gross sales elevated 88 per cent to US$249.1-million versus US$132.2-million a 12 months in the past. The expectation was for income of US$254.8-million, in response to S&P Capital IQ.

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Revenue of US$15.2-million or 53 US cents per share in comparison with a revenue of US$15.9-million or 59 US cents a 12 months earlier. Adjusted EPS got here in at 55 US cents per share versus 59 US cents a 12 months earlier. The expectation was for adjusted EPS of 44 US cents per share in the newest quarter.

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Titanium Transportation Group Inc. (TTR-X) reported fourth-quarter income of $111.3-million, a rise of 69 per cent versus $65.9-million a 12 months and forward of expectations of $104.4-million.

Internet earnings of $1.4-million or 4 cents per share in comparison with internet earnings of $2.1-million or 6 cents a 12 months earlier.

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