CAE Inc (TSX:CAE) revenue drops 21% YoY in Q2 FY21. | Kalkine Market Update CA |

  • November 11, 2020 12:27 PM EST
  • Team Kalkine

The revenue stood at C$704.7 million, up 28 percent quarter-over-quarter, but a 21 percent year-over-over. The company reported an operating profit of C$28.2 million in Q2 FY2021, as compared to an operating loss of C$110.3 million in the first quarter of 2021. The net cash provided by operating activities was C$45.6 million in Q2 FY2021, an increase from C$36.7 million in the same period last year.

IKEA Canada Launches Restaurant Takeout Service Beginning November 9, customers of IKEA Canada can enjoy restaurant takeout service to bring food directly home after their shopping experience. The new restaurant takeout offer includes IKEA favorites such as Swedish meatballs, butter chicken, veggie balls, MSC certified salmon filets, fish and chips, and kids’ meals, beverages, and dessert.

* Sleep Country Canada (TSX: ZZZ) Q3 Revenue Surges By 15.4% YoY Sleep Country saw a 15.4 percent surge in its revenue year-over-year to C$242.4 million in Q3 2020. The company posted a triple-digit eCommerce revenue growth across Sleep Country, Dormez-vous? and Endy, generating 18.1 percent of total revenue through eCommerce in Q3 2020.

 


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