Inventory information for traders: Combined fortunes for Lululemon, Couche-Tard, and Energy Corp

The end result for the interval ended Feb. 1 amounted to earnings per diluted share of US$5.01, down from US$6.14 a yr earlier than.

Its income was US$3.6 billion, up by about one per cent from its prior fourth quarter.

The earnings got here as Lululemon named former Levi Strauss & Co. president and CEO Chip Bergh as a board member. Lululemon founder Chip Wilson has been pushing the corporate since final yr so as to add three nominees he put ahead to its board. Bergh was not one of many nominees.

Alimentation Couche-Tard reviews increased year-over-year revenue of US$757.2M

Alimentation Couche-Tard Inc. says its web earnings attributable to shareholders got here in at US$757.2 million for the third quarter, up from US$641.4 million in the identical interval final yr. On a per diluted share foundation, the corporate reported web earnings attributable to shareholders of 82 cents US for the quarter, in contrast with 68 cents US through the prior yr quarter. 

The Laval, Que.-based firm, which retains its books in U.S. {dollars}, says its income amounted to US$21.8 billion through the interval ended Feb. 1, up yr over yr from US$20.9 billion.

Couche-Tard says its whole merchandise and repair revenues reached US$5.8 billion through the quarter, rising 8.7 per cent from US$5.3 billion.   

Chief monetary officer Filipe Da Silva says the corporate delivered one among its finest quarterly leads to over two years, validating its new strategy.   

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In February, Couche-Tard unveiled a brand new company technique centered on strengthening its core platforms and pursuing focused funding alternatives.

Energy Corp. reviews $408M in web earnings, down yr over yr from $933M

Energy Corp. of Canada says its web earnings from persevering with operations had been $408 million within the fourth quarter, down from $933 million throughout the identical interval final yr. On a per share foundation, its web earnings from persevering with operations got here in at 64 cents through the interval, down from $1.44 throughout final yr’s fourth quarter. 

The Montreal-based administration and holding firm, which holds a 68.7% curiosity in Nice-West Lifeco, says that firm’s web earnings from persevering with operations reached $1.05 billion in contrast with $1.12 billion within the prior yr quarter. 

Energy Corp. additionally holds a 62.9% stake in IGM Monetary Inc. and says that the corporate’s web earnings got here in at $322.4 million within the fourth quarter, up yr over yr from $254.7 million. 

In February, Energy Corp. named James O’Sullivan as its subsequent president and chief govt, efficient July 1. He’ll succeed Jeffrey Orr, who will develop into vice-chair and stand for re-election to Energy’s board of administrators on the firm’s annual assembly.   

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