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TSX:LTO 6 May 2026

This Is Why Loblaw Stock Fell Even as Profit Rose

This Is Why Loblaw Stock Fell Even as Profit Rose

Loblaw missed first-quarter revenue estimates, posting C$14.48 billion versus the expected C$14.55 billion, sending shares down 5%. Net earnings rose to C$594 million, and the company raised its dividend by 10% while approving a new buyback. Discount banners No Frills and Maxi drove growth as shoppers continued to trade down.
6 May 2026
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Stock Market Today

  • Stealth Group Holdings Surges 23.6% on Upgraded FY26 Guidance and FY28 Ambition
    June 20, 2026, 10:07 PM EDT. Stealth Group Holdings Ltd (ASX:SGI) shares rose 23.6% following an upgrade to its FY26 guidance with projected sales of at least A$165 million and net profit after tax (NPAT) of A$5.8 million. The company reaffirmed its FY28 ambition to achieve A$500 million in annual sales backed by an expanded 1,200-store network and enhanced digital and logistics investments. The upgraded outlook factors in the integration of its November 2025 acquisition of Hardware & Building Traders (HBT). While emphasizing growth potential in the industrial and hardware distribution sector, investors should consider integration risks and higher capital expenditure. Stealth projects revenues reaching A$297.8 million and earnings of A$26.6 million by 2029, implying a 36% share price upside to a A$1.60 fair value.

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Home Depot shares finish week up as investors weigh housing numbers

Home Depot shares finish week up as investors weigh housing numbers

21 June 2026
Home Depot jumped 2.1% to $334.28 in a shortened week as Wall Street rallied, but weak U.S. housing starts and upcoming May new-home-sales data keep pressure on the home-improvement outlook; the company reaffirmed 2026 sales and earnings targets despite volatile conditions and persistent housing affordability concerns.
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