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stars and dogs

A humorous look at the companies that caught our eye, for better or worse, this week

Build-A-Bear Workshop (STAR)

BBW - NYSE

“Aww, isn’t that cute – little Johnny made a bear with a nose ring and a skull-and-bones tattoo on its face.” Not only is Build-A-Bear Workshop a great place for children to express their creativity, but owning the stock is a good way for their parents to make money. Shares of the retailer surged after third-quarter revenue jumped 27.4 per cent from a year earlier, thanks to enhanced marketing, growing e-commerce sales and the lifting of pandemic restrictions. With Build-A-Bear posting record third-quarter earnings and declaring a special dividend of US$1.25 a share, Johnny’s parents can afford to send him to therapy.

Canada Goose Holdings (DOG)

GOOS - TSX

This is going to sound crazy, but it almost seems like China is singling out Canada Goose for political reasons. Not that China would ever dream of doing such a thing. Months after Chinese regulators fined the company for supposedly misleading advertising regarding the quality of down in its jackets, state-run media this week slammed the luxury parka maker for allegedly not allowing customer returns. With China making life increasingly difficult for foreign brands in a bid to give local companies an edge, according to analysts, Canada Goose’s stock is looking more like goose pâté.

National Bank (DOG)

NA - TSX

Dear Valued National Bank Investors: What kind of spoiled, entitled ingrates are you? Not only did our fourth-quarter earnings rise by 58 per cent, but we announced a share buyback and hiked our dividend by 23 per cent – the second-biggest increase of any Canadian bank. And you show your gratitude by pounding our stock into the ground because we missed earnings per share estimates by, what, a lousy three cents? Oh, what a HUGE disappointment! Well, if you’re going to get upset about a few pennies, we don’t want you as shareholders anyway. Good riddance! Sincerely, National Bank of Canada.

Lion Electric (DOG)

LEV - TSX

Lion: A carnivorous mammal that devours zebras, antelopes and other animals. Lion Electric: A stock that devours investors’ money. Shares of the Quebec-based electric bus and truck maker were on a roll earlier this year after its merger with a special purpose acquisition corporation. But the wheels have since fallen off as investors become wary of electric-vehicle startups, which have struggled with losses, supply-chain issues and – in the case of Lordstown Motors and Nikola – allegations of fraud. Even though Lion has more than 450 vehicles on the road and orders for thousands more, investors are getting off this bus.

Ollie’s Bargain Outlet (DOG)

OLLI - Nasdaq

Ollie’s Bargain Outlet sells “good stuff cheap,” according to its slogan. But after this week’s nasty plunge in the share price, investors probably don’t think the stock was such a screaming deal. Hammered by supply-chain disruptions, the U.S. retailer of closeout merchandise and excess inventory said same-store sales in the third quarter sank 15.5 per cent from a year earlier as earnings missed Wall Street estimates. Adding to shareholders’ anxiety, the company’s full-year sales and earnings guidance were below expectations, reflecting supply-chain headwinds that “have continued to impact our business in the fourth quarter.” Looks like investors got more than they bargained for.

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