Small caps to watch: Groupe Dynamite, Transat, D2L and Haivision shares see volatility in Thursday trading

Small caps to watch: Groupe Dynamite, Transat, D2L and Haivision shares see volatility in Thursday trading BRENDA BOUW SPECIAL TO THE GLOBE AND MAIL PUBLISHED 9 HOURS AGO UPDATED 6 HOURS AGO COMMENTS SHARE SAVE FOR LATER Listen to this article Learn more about audio Log in or create a free account to listen to this article. A look at some small-cap stocks making news - or about to. This file will be updated throughout the day on Thursday Canada’s S&P/TSX Small Cap Index (TXTW -1.54% decrease ) is up by about 44 per cent over the past 52 weeks. It hit a record 1,496.55 on June 2. The Russell 2000 in the U.S. is up about 23 per cent over the past 52 weeks and reached a high of 3,069.71 on Aug. 14. TSX SMALLCAP INDEX 1,440.47+741.95 (106.22%) TSX COMPOSITE INDEX 35,506.28+15,323.52 (75.92%) PAST THREE YEARS 106.22% 75.92% SEPT. 11, 2023 SEPT. 10, 2026 SOURCE: BARCHART Small-cap summary: Groupe Dynamite Inc. (GRGD-T +3.96% increase ) shares were volatile in Thursday trading after the Montreal-based retailer reported second-quarter results that one analyst described as “slightly positive.” Before markets opened on Thursday, the company behind the Dynamite and Garage brand names reported revenue of $423.6-million for its second quarter ended Aug. 1, up 30 per cent from a year ago. The result beat expectations of $400.6-million. Same-store sales (SSS) growth came in at 10.3 per cent versus 28.6 per cent last year. Adjusted EBITDA increased by 56 per cent to $187.9-million and beat expectations of $163.5-million. Net earnings of $113.4-million or $1 per share compared to $63.9-million or 56 cents last year. Adjusted earnings of 96 cents beat expectations of 80 cents. RBC analyst Irene Nattel described the results as “modestly positive” and cited a “modest upward revision to guidance” that supports her “outperform” (buy) rating. “GRGD delivered another strong quarter, with Q2 KPIs/results underscoring strong execution of GRGD strategy and brand heat,” she wrote. “As expected/telegraphed, Q2 saw a deceleration in SSS from Q1 +22.6% to 10.3%/12.3% constant currency, total revenue growth 30% Y/Y vs forecast/consensus +22% despite decelerating SSS.” TD analyst Brian Morrison described the results as “slightly positive” in a note. “Q2/F26 was a beat-and-raise, with management raising its F2026 guidance on all key metrics,” he wrote. “The Q2/F26 beat largely driven from gross margin/lower tariffs, while SSSG of 10.3% exceeded consensus (9.5%) and…