NASDAQ:MIAX 31 December 2025

June 16, 2026, 1:58 PM EDT. Groupe Dynamite Inc. shares dropped 33% to CA$49.83 on the TSX despite a 37% increase in Q1 revenue to CA$310.6 million and adjusted diluted EPS doubling to CA$0.50. The Montreal-based apparel retailer reported a 22.6% rise in comparable store sales and a 71.3% boost in adjusted EBITDA to CA$114.4 million. Management reaffirmed 2026 revenue growth targets but lowered net new store openings and noted a sharp fall in free cash flow due to higher taxes. While analysts maintain Buy ratings with an average target of CA$107.89, investors reacted with profit-taking amid margin pressures and increased leverage. Groupe Dynamite's expansion into the U.K. and strong online sales highlight growth, but risks related to tariffs and consumer demand keep the stock volatile.