“Are you waiting for us to go into a recession before you sell some of your real estate, or do something with it?” asked Heino Ader Tuesday, an individual investor who’s held the stock for about two years. He had a suggestion: Build condominiums on top of stores, “a cash cow just waiting there for you.” He said the company should take its Toronto HBC/Saks Fifth Avenue location at Yonge and Queen Street and build condos above it “while real estate is hot.”
Scores of shoppers and travellers are mounting strikes against America’s pocketbook by boycotting U.S. goods and trips to the States. On Twitter, hashtags including #BuyCanadian, #BoycottUSProducts and #BoycottUSA are spreading tips on using purchasing power to defend Canada’s honour.
While analysts expected a loss of nine cents per share, the company reported a loss of 13 cents per share.
The North West Company Inc. (the "Company" or "North West") today reported its unaudited financial results for the first quarter ended April 30, 2018. It also announced that the Board of Directors have declared a dividend of $0.32 per share to shareholders of record on June 29, 2018, to be paid on July 16, 2018.
In an article published Wednesday in online publication Retail Insider, the Lululemon founder – and also the company’s largest shareholder – criticized its board for being at the mercy of analysts.