4 Canadian Retail Stocks That Could Ring Up Black Friday Gains

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A weaker dollar helps bring tourists to Canada, which could boost the Canadian retail stocks on our list

SmallCapPower | November 16, 2016: As U.S. Thanksgiving approaches next week (November 24th), it always signifies one of the fiercest shopping days of the year: Black Friday (November 25th). This year, expect cross-border shopping to pick up as the Canadian dollar has weakened with the price of oil. That being said, watch the Canadian retail stocks on our list in the coming weeks as they get ready for what could be a large influx of Americans getting the most out of their money by flocking over the border to shop.

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indigo-logoIndigo Books and Music Inc. (TSE:IDG) – $16.50
Miscellaneous Specialty Retailers

Indigo Books & Music Inc. is a Canada-based book, gift and toy retailer that operates stores in approximately 10 provinces and a territory in Canada, and offers online sales through its indigo.ca website. It operates approximately 90 superstores under the banners Chapters and Indigo, and approximately 120 small format stores under the banners Coles, Indigospirit, SmithBooks and The Book Company.

  • Market Cap: $428.62(mm)
  • Revenue (LTM, CAD, Millions): $1,013.61
  • YTD PCT Change: 13.4%indigo-graph

leon-logoLeon’s Furniture Ltd. (TSE:LNF) – $17.15
Home Furnishings Retailers

Leon’s Furniture Limited provides a network of home furniture, appliances and electronics, and mattress stores in Canada. The Company’s retail banners include Leon’s, The Brick, The Brick Mattress Store, The Brick Clearance Centre, United Furniture Warehouse (UFW), The Brick’s Midnorthern Appliance and Appliance Canada. It is a commercial retailer of appliances to builders, developers, hotels and property management companies.

  • Market Cap: $1,231.38(mm)
  • Revenue (LTM, CAD, Millions): $2,141.63
  • YTD PCT Change: 21.8%leon-graph

reitmans-logoReitmans Canada Ltd. (TSE:RET.A) – $6.60
Apparel & Accessories Retailers

Reitmans (Canada) Limited is a Canada-based company, which is engaged in the sale of ladies’ specialty apparel to consumers through its retail banners. The Company has stores located in malls and retail power centers across Canada. The Company operates under banners, including Reitmans, which is a women’s apparel specialty chain and fashion brand that operates over 330 stores; Penningtons, which offers products under plus-size fashion sizes 14 to 32 and operates over 130 stores; Addition Elle, which offers products for plus-size women and operates over 110 stores; RW & CO., which offers fashions for men and women with approximately 80 stores; Thyme Maternity, which is a brand for moms-to-be with over 70 stores, and offers a complete line of nursing fashions and accessories; Hyba, which offers activewear and yoga clothes for exercising or sports and operates approximately 20 stores, and Smart Set.

  • Market Cap: $413.28(mm)
  • Revenue (LTM, CAD, Millions): $940.36
  • YTD PCT Change: 62.2%reitmans-graph

sleep-logoSleep Country Canada Holdings Inc. (TSE:ZZZ) – $26.91
Home Furnishings Retailers

Sleep Country Canada Holdings Inc. is a Canada-based mattress retailer that operates under two mattress retail banners: Dormez-vous?, the retailer of mattresses in Quebec, and Sleep Country Canada, the mattress retailer in the rest of Canada. The Company offer a range of mattresses and an assortment of complementary sleep related products and accessories, which include bed frames, pillows, mattress pads, sheets, duvets, headboards and footboards.

  • Market Cap: $1,014.16(mm)
  • Revenue (LTM, CAD, Millions): $507.46
  • YTD PCT Change: 56.1%sleep-graph

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