Groupe Dynamite (GRGD) closed up 4% on the back of Q2 results that crushed estimates. Strength was broad-based, with same-store sales growth of 10% translating to sequential improvement on a two-year stack basis…

… and strong EBITDA profitability driven by record margins (GRGD aims to raise prices at 2x inflation).

The company also raised its outlook for F2026, noting that Q3 has begun slightly stronger than Q2.

With solid results and a modest guidance raise, GRGD’s valuation has begun to narrow the gap versus its Canadian peer Aritzia (ATZ).

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