Groupe Dynamite Inc. GRGD-T says its comparable store sales growth for the first nine weeks of its fourth quarter was 30.8 per cent.
The retailer behind the Garage and Dynamite banners says based on the result it now expects comparable store sales growth for its 2025 financial year to be in a range of 26.5 per cent to 27 per cent.
The new guidance for the year ended Jan. 31 compared with earlier expectations for between 25.5 per cent and 27.5 per cent.
Groupe Dynamite raised the lower end of its adjusted earnings before interest, taxes, depreciation and amortization margin for its 2025 financial year.
The retailer now expects its adjusted EBITDA margin to come in between 36 per cent and 37 per cent compared with earlier expectations for between 35 per cent and 37 per cent.
Capital spending for the year is expected to be in a range of $80-million to $90-million for the year, down from a range of $85-million to $95-million, mainly reflecting payments timing.