Alimentation Couche-Tard, Theratechnologies Inc and More Earnings Reports this Week (Archive From Jul 08-12)
One of the best performers, Alimentation Couche-Tard (B) (ATD.B-T) and (A) (ATD.A-T), will be reporting earnings on July 8. Diamond Estates Wines and Spirits Inc. (DWS-X), which is one of the only publicly traded wine companies on the TSX, will be reporting on July 10. Investor favourite Aritzia Inc. (ATZ-T) is reporting on July 11. Sports betting play, TheScore Inc. (SCR-X) will also be reporting earnings this week. One of their challenge has been monetizing the app, so investors will be watching closely.
Here are the companies listed on Stockchase who are reporting earnings this week:
(A Top Pick Apr 12/18, Up 27%) They are a roll-up strategy. There is still a long runway ahead of them. He may be looking at taking some money off the table.
Has had this on the radar for a while. Well-run company and have been growing by acquisition both in the US and Europe. He worries that too much of that is getting baked into the share price. There are a lot of things that can surprise investors such as gasoline margins.
Cogeco Cable (CCA-T) Jul 10
This has been a phenomenal story. The most important thing is free cash and what the companies do with it. This company is diversifying by getting into networking, data storage, and into other markets. Rogers (RCI.B-T) owns 32% of them and he doesn’t think it is properly reflected in Rogers’ stock price. He would buy…
COGECO Inc (CGO-T) Jul 10
Great assets. Capital expenditure is going down. Can provide a lot of products to clients. Slightly defensive in many ways. Would like to see the 1.3% dividend increased. Good story. He prefers BCE (BCE-T).
The only other publicly traded company other than ADW.A-T in wine. Legislation in Ontario allows wine to be sold in grocery stores. This is going to grow significantly. But DWS-X also sells most of their production to a Chinese exporter. It has higher growth potential than Brick Brewing (BRB-T). (Analysts’ target: $0.40).
A developer brand in organic food space. Recently broke into Loblaw’s (L-T) and some other food chains. An acquisition driven story. They have quite strong organic growth of 20%+ a year, but will continue to acquire brands, develop them, and expand them from within. It is everything from baby food to pet food to drinks.…
Aritzia Inc. (ATZ-T) Jul 11
This has had tremendous success over the last 32 years. It has grown revenues by 21% compounded over the last 10 years. Has a very interesting model, where they take in 2 of their most popular labels, and create an entire new store around them. Only has 76 stores and are expanding into the US.…
They have about 40% of the market. They disclosed there are up to 31k subscribers. They just went public in June. They are full of cash and now increasing their distribution facility in Montreal 10 fold. They will open a facility out west next year. It would make sense for a large grocer to acquire…
MTY Food Group (MTY-T) Jul 12
Fast food franchises in the malls. They’ve made an acquisition to increase their US presence. Excellent operators. Probably a nice, long term growth story.
Just reported an unbelievable quarter. No analyst follows it. 70% of revenues are from the US yet 70% of operations are in Canada so the declining CAD$ benefits them. Earnings should accelerate over the next few years. You probably have not missed the run. The CAD$ has only helped them over the last couple of…
Avante Logixx Inc (XX-X) Jul 11
A good little company, but the ROE is not quite what he is looking for. Market cap is only $23 million, so it is pretty small. The ROE was higher last year.
Velan Inc (VLN-T) Jul 11
Global leader of valves from Montreal. Classic value play, trading just above 1 times NAV. They report in US dollars. About 11 times earnings. The founder is 97 years old. If it is ever sold he figures it could get as much as $30 a share.
👨💼 Employment Services
Theratechnologies Inc (TH-T) Jul 11
TheScore Inc. (SCR-X) Jul 11
This is an app run by a superb management team which has built and sold a couple of businesses. They own a lot of stock. Having a really hard time monetizing their traffic. Sports, sports betting and traffic is growing, it’s just the monetization that is tough for them. He thinks they will figure it…
🛢 Basic Materials
50% jump because 1) market seems to be more interested in rare earth metals and 2) was written up in a well-followed newsletter. This was a bit of an anomaly because of the newsletter promotion. Where earth metals is a growing sector.
Doesn't particularily believe in junior companies trying to develop out their own exploration targets. 1 in 3,000 anomolies becomes a mine. Also the idea of someone spending a great deal of time looking for platinum in Canada doesn't seem like a great idea. If you want to play platinum, play the South Africans.
Use this list wisely to identify buying opportunities.
Happy trading !!!