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  5. GRGD: Thoughts on GRGD? [Groupe Dynamite Inc. Subordinate voting shares]
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Q: Thoughts on GRGD? Thank You
Asked by francis on February 06, 2025
5i Research Answer:

Plese see these comments from 10 days ago. It did report an update this week, indicating tariffs will have no impact on its business, and Q4 same store sales rose 9.5%. This is a bit of good news for the stock, now down 18% YTD. It also said margins are moving higher. It does not report full results until April 15. This news should help the stock stabilize, but we would still be mostly cautious.