Titres en action: Dollarama, Lululemon, BlackBerry, Hitachi, and Deliveroo

Here is a selection of the ads that have (or will) drive the prices of these companies:

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Retailer Dollarama (DOL.TO, $ 52.24) reported that fourth-quarter net income was $ 173.9 million compared to $ 178.7 million in the same quarter last year. During the same period, diluted net profit per common share of Dollarama decreased from $ 0.57 to $ 0.56. The Montreal-based retailer reported that in one year, its quarterly sales rose 3.6%, from $ 1.065 billion to nearly $ 1.104 billion. For fiscal year 2021, sales growth was 6.3% to $ 4.026 billion, while the same store sales growth was measured at 3.2%. Diluted net earnings per common share increased 1.7% to $ 1.81 from $ 1.78 the previous year.

Lululemon Athletica (LULU, $ 317.09) Revenue increased 24% in the most recent quarter on Tuesday. The Vancouver-based company said revenue was $ 1.7 billion in the fourth quarter, up from $ 1.3 billion in the same period a year ago. The company reported net income of approximately $ 329 million for the quarter ended January 31, an increase of approximately 10% from $ 298 million for the same period the previous year. Lululemon adjusted earnings, which exclude some items, were $ 2.52 per share, compared to $ 2.28 per share in the previous fourth quarter. Analysts forecast adjusted average earnings of $ 2.47 per share, according to expectations compiled by financial data company Refinitiv Eikon.

Black Berry (BB, $ 9.34) Tuesday posted a net loss of $ 315 million for the fourth quarter, higher than the $ 41 million reported in the same period last year. The loss per share was 56 US cents, compared to 7 US cents in the previous fourth quarter. On a modified basis, BlackBerry reported earnings of 3 US cents per share. The quarterly revenue of the Waterloo-based software company was $ 210 million, down from $ 282 million in the same period the previous year. BlackBerry also said its adjusted revenue was $ 215 million, up from $ 291 million the year before. Analysts had forecast adjusted average earnings per share of 3 US cents, on revenue of $ 248.14 million for the quarter ended February 28, according to forecasts compiled by financial data company Refinitiv Eikon.

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Japanese conglomerate Hitachi (6501 t, 50004 yen) on Wednesday announced the acquisition of US software development company GlobalLogic for an estimated total of $ 9.6 billion, a deal that will enable it to expand its digital solutions services to consumers. The statement said that the deal will end by the end of next July. With this acquisition, Hitachi hopes to enhance Lumada through “GlobalLogic’s expertise in digital technologies and its strong customer base including major companies in the technology sector,” the group said in its statement. The news of the takeover, which was first mentioned in an article in Nikkei business daily shortly before the Tokyo Stock Exchange closed, caused Hitachi’s stock to drop 7.29% to 5,004 yen.

Food delivery platform Deliveroo It slipped in its first steps on the London Stock Exchange, after entering a market that raised questions about its model and the status of the delivery men. The price was briefly down by more than 30% in the first hour of trading, and its high volatility led to a brief suspension of the stock. Around 08:20 GMT, it was down 21% to 3.08 pounds, well below the IPO price set at 3.90 pounds, when the company had already had to revise its ambitions for the process. The stock exchange operation estimated the company at 7.6 billion pounds, while the group had hoped to reach 8.8 billion pounds at the beginning. Deliveroo, known for its app for ordering food from restaurants, made its debut on the UK market at 0700 GMT (0800 London). Exchanges are initially reserved for professional investors before they are open to the public from April 7.

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