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B C Court of Appeal Provides its First Pronouncement on Sequencing Issues | Bennett Jones LLP
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Metro posts 5 1% sales gain for second quarter
supermarketnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from supermarketnews.com Daily Mail and Mail on Sunday newspapers.
Man posing as inspector tries to gain access to COVID-19 vaccines at Quebec pharmacy
A security memo obtained by CBC Montreal says the man showed up one hour before closing and said he was with a security agency tasked with verifying a pharmacy s stock of vaccines.
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CBC News ·
Posted: Apr 15, 2021 6:31 PM ET | Last Updated: April 15
The Jean Coutu network counts 416 franchised stores in Quebec, New Brunswick and Ontario. Pharmacies are administering COVID-19 vaccines in Quebec.(The Canadian Press)
Image source: Getty Images
Have you noticed that when the stock market is doing well, market crash predictions flood the headlines? Volatility indeed remains elevated due to COVID-19 and its new variants. However, the
TSX is holding ground and not crashing yet in 2021.
The warnings or forecasts may or may not happen. But in case you think it could occur, you can protect your capital for any eventuality. I have narrowed the investment choices if you want to buy ahead of the next market crash.
All-weather
Alimentation Couche-Tard (TSX:ATD.B), the owner of convenience stores in Canada and the U.S., is an all-weather investment. Apart from the network of more than 10,000 convenience stores, Couche-Tard supplies road transportation fuel through 1,300 stations scattered in selected U.S. states. It offers stationary energy and aviation fuel too.
Jean Coutu labor dispute impacts bottom-line results
Robust food sales, fueled in part by surging online grocery traffic, lifted overall sales results at Metro Inc. for the fiscal 2021 first quarter, though a now-settled labor issue at its Jean Coutu subsidiary pulled per-share earnings below industry analysts’ forecast.
For the quarter ended Dec. 19, sales totaled $4.28 billion (Canadian), up 6.2% from $4.03 billion a year earlier, Montreal-based Metro said. Food comparable-store sales climbed 10% year over year, compared with a 1.4% in the fiscal 2020 first quarter. Food basket inflation was 2.5%, up from 2% a year ago.
“We are pleased with our first-quarter results, delivering continued double-digit food sales growth with good operating leverage while working through an eight-week labor conflict at our Jean Coutu distribution center,” Metro President and CEO Eric La Flèche (left) told analysts in a conference call.
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