STARS AND DOGS

The Globe and Mail Metro (Ontario Edition) - - REPORT ON BUSINESS - JOHN HEINZL

DOL­LARAMA PAST FIVE DAYS

DOG Dol­lar-Slama! Af­ter go­ing vir­tu­ally straight up for years, shares of dis­count chain Dol­lara

ma Inc. were abruptly brought back to re­al­ity this week when the re­tailer’s sec­ond-quar­ter re­sults came up short of ex­pec­ta­tions. With same-store sales ris­ing a mod­est 2.6 per cent – a marked slow­down from a gain of 6.1 per cent a year ear­lier – and the com­pany low­er­ing its full-year fore­cast for same-store growth, in­vestors are pulling their dol­lars out as fast as they can.

ROOTS PAST FIVE DAYS

DOG In­vestors are putting the boots to Roots Ltd. The quintessen­tially Cana­dian re­tailer founded by two Amer­i­can guys posted a sec­ond-quar­ter net loss of $4.1million, com­pared with a loss of $3.2-mil­lion a year ear­lier, as same-store sales rose a dis­ap­point­ing 1.1 per cent. Last year’s re­sults ben­e­fited from sales tied to Canada’s 150th birth­day, but with the com­pany cit­ing “neg­a­tive store traf­fic trends” in the third quar­ter, in­vestors have run out of true pa­triot love for the shares.

NORTH AMER­I­CAN CON­STRUC­TION GROUP PAST FIVE DAYS

STAR You might say share­hold­ers of North Amer­i­can Con

struc­tion Group are hav­ing a blast. Shares of the com­pany – which pro­vides drilling, blast­ing, con­struc­tion and other ser­vices to the en­ergy and min­ing in­dus­tries – have soared about 45 per cent in the past two months, pro­pelled by bet­ter-than-ex­pected earn­ings, new con­tracts and ris­ing es­ti­mates from an­a­lysts. Now those are some ex­plo­sive re­turns.

TRANSCON­TI­NEN­TAL PAST FIVE DAYS

DOG There once was a busi­ness called Transcon­ti­nen­tal

Whose share­hold­ers were of­ten quite tem­per­a­men­tal When re­sults came up short They all said: “Abort!”

And the stock took a dive that was not very gen­tle.

YUM CHINA HOLD­INGS PAST FIVE DAYS

DOG On sec­ond thought, we’re not hun­gry. A Chi­nese con­sor­tium that had been try­ing to swal­low Yum China Hold­ings Inc. – the lo­cal pur­veyor of KFC, Pizza Hut and Taco Bell spun out by fast-food gi­ant Yum Brands two years ago – has re­port­edly backed away, cit­ing de­te­ri­o­ra­tion in the com­pany’s busi­ness, a slow­ing econ­omy and the prospect of an all-out trade war with the United States. With a deal now un­likely, in­vestors have lost their ap­petites for the shares.

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