Post by
autofocus111 on May 13, 2021 12:22pm
Earnings are out
Steady as she goes. 0.21 dividend approved.
>>>This quarter delivered value growth with revenue increasing 2% compared to the three month period ended March 31, 2020 , leading to solid year to date growth of 4%. Strong domestic performance, led by commission income in particular (+7% year to date) and the acceleration of our international market performance (+13% year to date) contributed to this positive result. Corby has continued to manage its expenditures and brand investments in a purposeful and cautious way, given government emergency measures and constraints in program execution. As a result, total marketing, sales and administration expenses decreased by 9% in the quarter and by 11% year to date. Net earnings were $6.2 million for the third quarter, up 20% compared to last year, and up 28% to $24.9 million on a year to date basis.
https://stockhouse.com/news/press-releases/2021/05/13/corby-reports-third-quarter-results-with-year-to-date-revenue-of-4-and-net