Extendicare Inc. maintains revenue and occupancy strength

Extendicare Inc. maintains revenue and occupancy strength

This firm’s revenues rose 2.3% during the most-recent quarter, even as COVID-19 raised investor worries about the outlook for it and other long-term-care providers.

The company’s cash flow did dip 7.9% on higher maintenance spending, but occupancy levels remain strong.

EXTENDICARE INC. (Toronto symbol EXE; www.extendicare.com) owns… Read More

Q: Hello. I did not buy Shopify when a friend recommended it to me almost 4 years ago. I, of course, regret that. He has now suggested a company called Ecolab. What is your opinion of this company as a buy?

A: Ecolab Inc., $201.83, symbol ECL on New York (Shares outstanding: 284.2 million; Market cap: $57.3 billion; www.ecolab.com), develops and markets chemicals and services for cleaning, pest elimination, sanitizing, and maintenance. It sells to customers in the foodservice, food and beverage processing, healthcare, government, education,… Read More

Metro Inc. just grew earnings 17.9%

Metro Inc. just grew earnings 17.9%

Food retailers have performed well since the start of the COVID-19 outbreak in March and this firm’s sales improved 8.1% in the most recent quarter.

The company has also raised its quarterly dividend by 12.5%. A new distribution centre should protect that payout by improving long-term… Read More