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Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships
Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations... see more

TSX:DIV - Post Discussion

Diversified Royalty Corp > Looks ok but???
View:
Post by Dadsaid2 on May 10, 2023 5:53pm

Looks ok but???

We know about AirMiles but l wonder why Mr. Lube is down about 1 million from Q4.  Any ideas or comments?  Maybe Q1 is a slower time for car repairs with Xmas bills and just plain winter time.  S
Hopefully it rebounds in Q2.  Nice to see the new Status in full which offset the smaller Mr. LUBE number!
Still looks pretty good and 6 cents looks safe...for now.
Comment by JayBanks on May 10, 2023 7:50pm
I see nothing in the 2 M&As referring to this occurrence... maybe it's an accounting thing as there has been new stores added, deleted and other stuff... I don't like when companies that refer to the results of a year previous, which is most reports, especially in cases where a lot has changed in a year like pandemic recovery.... some companies show the Q/Q reports of 6-10 quarters so ...more  
Diversified Royalty Corp