Earnings for the period ended Feb. 1 were earnings per diluted share of $5.01, down from $6.14 a 12 months earlier.
Revenue was $3.6 billion, up about 1 percent from the fourth quarter of last 12 months.
The win got here when Lululemon named former Levi Strauss & Co. president and CEO Chip Bergh to its board. Lululemon founder Chip Wilson has been pushing the corporate since last 12 months so as to add three candidates he beneficial to its board. Bergh was not among the many nominees.
Alimentation Couche-Tard reports higher year-over-year profit of $757.2 million
Alimentation Couche-Tard Inc. (TSX:ATD)
Numbers for the primary quarter:
- Benefit: $757.2 million (vs. $641.4 million last 12 months)
- Revenue: $21.8 billion (up from $20.9 billion a 12 months ago)
According to Alimentation Couche-Tard Inc., third-quarter net income attributable to shareholders was $757.2 million, up from $641.4 million in the identical period last 12 months. On a diluted share basis, the corporate reported net income attributable to shareholders of 82 cents for the quarter, in comparison with 68 cents within the year-ago quarter.
The Laval, Que.-based company, which keeps its books in U.S. dollars, said its revenue was $21.8 billion within the period ended Feb. 1, up from $20.9 billion a 12 months earlier.
Total goods and services revenue reached $5.8 billion within the quarter, up 8.7 percent from $5.3 billion, Couche-Tard said.
Chief Financial Officer Filipe Da Silva said the corporate achieved one in every of its best quarterly ends in over two years, confirming its recent approach.
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In February, Couche-Tard unveiled a brand new corporate strategy focused on strengthening its core platforms and pursuing targeted investment opportunities.
Power Corp. reported net income of $408 million, down from $933 million last 12 months
Power Corp. of Canada (TSX:POW)
Numbers for the fourth quarter:
- Benefit: $408 million (vs. $933 million a 12 months ago)
Power Corp. of Canada says its net income from continuing operations was $408 million within the fourth quarter, in comparison with $933 million in the identical period last 12 months. On a unbroken operations basis, net income per share was 64 cents within the period, down from $1.44 within the fourth quarter last 12 months.
The Montreal-based management and holding company, which owns 68.7% of Great-West Lifeco, said the corporate’s net income from continuing operations reached $1.05 billion, in comparison with $1.12 billion within the year-ago quarter.
Power Corp. also owns a 62.9% stake in IGM Financial Inc. and says the corporate’s fourth-quarter net income was $322.4 million, up from $254.7 million a 12 months ago.
In February, Power Corp. appointed James O’Sullivan as the subsequent president and CEO, effective July 1. He will succeed Jeffrey Orr, who will change into vice chairman and stand for re-election to Power’s board of directors at the corporate’s annual meeting.
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