The clothing brand says it had a net income of $1.97 million, or five cents per share in the quarter ending Nov. 2, down from $2.8 million or seven cents per share for the same quarter last year.
CIBC misses estimates even with U.S.-focused strategy paying off
Canadian Imperial Bank of Commerce’s strategy of being a little less Canadian is catching on, though that did little to help earnings last quarter.
Boeing tries to win over pilots, attendants with 737 Max pitch
Boeing Co. executives met this week with pilots, flight attendants and industry consultants to build confidence in changes to the 737 Max jetliner, which has been grounded since March after two fatal crashes.
First, Burger King. Now fancy tasting menus are ditching meat
The number of courses that highlight beef, pork, lamb, and poultry are dwindling at places where a US$200 tasting menu is a bargain.
TD's profit slips in Q4 amid a 'challenging environment'
TD Bank Group's profit slipped in the fourth quarter compared with a year ago, missing analyst estimates for adjusted earnings, amid what it says is a “challenging macroeconomic environment.”
Math whiz trades without humans to build a US$700-million fortune
While other firms like competitor Citadel Securities have also hired from Silicon Valley, XTX’s commitment to tech skills stands out — it employs no human traders and just a single salesperson.
Enterprise to buy Discount Car and Truck rental company
Enterprise Holdings Inc. says it has agreed to buy Toronto-based Discount Car and Truck Rentals as the mobility space rapidly evolves.
Papa John's ousted CEO files lawsuit against ad firm
Papa John’s International Inc.’s founder and former leader John Schnatter says he filed a lawsuit against the media agency that he says secretly taped the now infamous conversation in 2018 that led to his ouster.
GM, LG Chem to build US$2.3 billion battery plant in Ohio
The two companies plan to hire 1,100 workers, about the same number that were laid off when the Lordstown assembly plant that used to make the Chevrolet Cruze compact was idled in March.
Aegis Brands, formerly Second Cup, buying Bridgehead Coffee for $9.5M
The Ottawa chain has 19 locations, all corporate-owned, which The Second Cup says will continue to operate under the Bridgehead name.