- Reuters
Dollarama beats quarterly profit view on lower costs, stable demand
Dollarama beat second-quarter profit estimates on Wednesday, helped by lower costs and stable demand for low-priced essentials like groceries. Consumers grappling with rising living costs have relentlessly bargain-hunted and traded down to cheaper alternatives. In addition, lower costs of inbound shipping and logistics helped the dollar-store company counter lingering challenges related to shrink, in which inventory is either lost, stolen or damaged.
- InvestorPlace
Hidden Gems: 3 Growth Stocks That Will Reward Patient Investors Handsomely
Identifying the best growth stocks for patient investors is a worthy cause. These stocks are typically characterized by their potential to grow at an above-average rate compared to the broader market. While growth stocks can offer enticing long-term growth prospects, it’s crucial to remember that true growth takes time and patience. Moreover, it’s essential to evaluate factors such as revenue growth, profit margins, and cash flows to position these companies for future success. For investors wil
- InvestorPlace
2 Stocks to Buy, One to Sell as Consumers Struggle to Stay Afloat
Fortune reported in early May that the lower-income consumer was struggling to stay afloat. As a result, some companies will suffer from this situation, while others will benefit, providing investors with new ideas for stocks to buy and sell. “‘The lower income consumer in the U.S. is stretched,’ PepsiCo CEO Ramon Laguarta said late last month when reporting better profit than expected, and ‘is strategizing a lot to make their budgets get to the end of the month. And that’s a consumer that is ch
