All Research
March 15, 2024
Murphy USA | Jack Callow

Murphy USA Corporation (“Murphy USA” or the “Company”) is one of the United States’ largest independent retailers of gasoline and convenience store products. With over 1,700 locations across 27 states, Murphy USA prides itself on saving its customers money on gas and items within its stores.

March 12, 2024
Coty and Hims and Hers Health | Ayush Malhotra

Coty Inc. and its subsidiaries are global players in beauty product manufacturing and distribution. They operate in multiple segments, offering a range of products like fragrances, cosmetics, and skin care. Their brand portfolio includes Calvin Klein, Gucci, and CoverGirl, among others, sold through various channels, including e-retailers and traditional stores. Hims and Hers operates a consumer-centric platform connecting users with licensed healthcare professionals. They offer telehealth consultations for a range of health needs, including sexual health, hair loss, dermatology, mental health, and primary care, along with providing personalized health and wellness products. This report analyzes potential strategic alternatives between these two companies.

March 10, 2024
Canadian Tire Corporation, Ltd. | Shivani Aggarwal

Canadian Tire Corporation Limited (“CTC” or “CT” or the “Company”) is a group of companies selling a wide range of products in automotive, playing, fixing, seasonal and living categories through both physical and online storefronts. It has over 1,700 stores throughout Canada with 90% of all Canadians living 15 minutes away from a Canadian Tire store, enabling it to become Canada’s #1 retail brand.

March 10, 2024
Hasbro, Inc. | Raghav Bhatia

Hasbro, Inc. (NASDAQ: HAS) is an American multinational conglomerate holding company headquartered in Pawtucket, Rhode Island. Hasbro, Inc. is one of the largest toy makers in the world. They also operate in digital gaming and entertainment.

March 10, 2024
The New York Times Company | Raehun Lee

The New York Times (NYSE: NYT) is a renowned global media organization, which is dedicated to reporting top-calibre news and information across the globe. Headquartered in Manhattan, the Times has distinguished itself to become the golden standard of journalism. The company's diverse offerings include its core news product, as well as more interest-specific products such as The Athletic, Cooking, Games, Audm, and Wirecutter.

March 09, 2024
Vail Resorts, Inc. | Clarrie Dee

Founded in 1962 and headquartered in Colorado, Vail Resorts, Inc. is a holding company that owns and operates a variety of subsidiaries, including mountain resorts, hotels, and ancillary services such as golf courses, ski schools, dining, and rental services.

March 08, 2024
Goodyear Tire & Rubber Company | Shane Mahoney

Goodyear is a global tire manufacturer and distributor, established in 1898 and headquartered in Akron, Ohio. Serving original equipment mounting and replacement markets for various vehicles, it operates under brands like Cooper, Dunlop, and Kelly.

March 05, 2024
Inter Parfums Inc. | Manha Waheed

Inter Parfums Inc. (NASDAQ: IPAR) is a global manufacturer, marketer, and distributor of prestigious fragrance and cosmetics products. The company is known for its licensing deals with a wide variety of well-known brands including DKNY, GUESS, Coach, Kate Spade and Van Cleef & Arpels.

March 05, 2024
Sealed Air Corporation | Timofey Azhogin

Sealed Air Corporation (“Sealed Air” or the “Company”) provides various packaging products and equipment in the Americas, Europe, Africa, and Asia. The Company operates through two segments: Food, and Protective. While the Food segment focuses on providing food safety and extending shelf life, the Protective segment offers solutions designed to protect goods during transportation and storage.

March 05, 2024
Under Armour | Kevin Wang

Under Armour Inc. (“Under Armour” or the “Company”), designs, manufactures, and distributes sportswear apparel through direct-to-consumer channels, e-commerce storefronts and third-party retail outlets. The company has over 15,000 physical stores and is sold across 150 countries. Under Armour was founded in 1996 in Baltimore, Maryland, United States.

March 03, 2024
BRP Inc | Gustavo Gongora

BRP Inc (“BRP” or the “Company”) is a Canadian Powersports manufacturer operating under the brands Sea-Doo, Can-Am, Ski-Doo, Rotax, Lynx, Alumacraft, Manitou, and Quintrex. The company sells its products through its loyal network of nearly 3000 dealers in over 130 countries and is a market leader ininnovation and product performance.

March 03, 2024
Texas Roadhouse Inc | Nicole Sanctis

Originating in Clarksville, Indiana in 1993, Texas Roadhouse Inc, is an American casual dining restaurant chain. Since then, the restaurant has expanded two other concepts including Bubba’s 33 and Jaggers. Texas Roadhouse restaurants operate in the US and ten foreign countries. They specialise in “Hand-Cut-Steaks” and “Fall-off-the-bone ribs” as well as sides, burgers and sandwiches.

February 29, 2024
BellRing Brands | Steven Liu

BellRing Brands, Inc. specializes in delivering a range of nutritional products within the United States. The company supplies ready-to-drink protein shakes, additional ready-to-drink beverages, powders, nutrition bars, and various other itemsthat are primarily marketed under the Premier Protein and Dymatize brands. Distribution channels include club, food, drug, mass, eCommerce, specialty, and convenience outlets.

February 24, 2024
Mattel and Funko | Liyun Sun

Mattel (Nasdaq: MAT) is a leading global toy company and the owner of a portfolio of iconic brands and partners with global entertainment companies to license other intellectual property. It has ranked as the #1 toy company in the US for 29 consecutive years, #2 in Europe, #1 in Latin America, and #2 in Australia. Funko (Nasdaq: FNKO) has one of the industry’s largest portfolios of licensed content panning various product categories, including figures, plush, accessories, apparel, homewares, vinyl records, posters or digital NFT. Fueled by the growth of the pop culture industry, Funko's innovative product design and strategic market positioning have contributed to the establishment of protective moats. This report analyzes potential strategic alternatives between these two companies.

February 21, 2024
Coca-Cola and Monster Beverage | Marcel Peplow

The Coca-Cola Company (NYSE: KO) or “Coke” is the third largest beverage company in the world by revenue and has been in business for over 130 years. Operating globally across more than 200 countries and territories, Coke offers a diverse range of products in the soft drink, tea, and sports drink segments. Coke is characterized by stability and reliable dividend yields for investors. Monster Beverage Corporation (NASDAQ: MNST) or “Monster” is the second largest brand in the United States energy drinks market, trailing behind Red Bull by $1.82B in yearly revenue as of 1Q23. Monster has seen high market cap appreciation over the past year, with a 29.9% increase in its share price compared to the industry average of 12.4%.

February 18, 2024
Samsara and Aspen Technology | Shriyans Duddella

Samsara Inc. (NYSE: IOT) provides solutions that connect physical operations data to its Connected Operations Cloud in the United States and internationally. It serves transportation, wholesale and retail trade, construction, manufacturing, food and beverage, and other industries, as well as government. Aspen Technology, Inc. (NASDAQ: AZPN) provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company serves a range of asset-intensive industries, including oil and gas exploration and production. This report analyzes potential strategic alternatives between these two companies.

February 18, 2024
Enbridge Inc. and Northland Power Inc. | Krystal Guo

Northland Power Inc. is a Canadian renewable energy company that develops and operates wind, solar, and natural gas projects worldwide, emphasizing sustainability and clean energy solutions. It primarily operates in North America and Europe, with some presence in Asia, Latin America, and other regions. Enbridge Inc. operates a vast network of pipelines that transport crude oil, natural gas, and liquids across North America. It owns a diversified portfolio spanning midstream and downstream operations. It also invests in renewable energy projects. This report analyzes potential strategic alternatives between these two companies.

February 18, 2024
Tempur Sealy International and Sleep Country Canada | Catherine Wang

Tempur Sealy International, Inc. (NYSE:TPX) is a global manufacturer and distributor of mattresses and bedding products. The company is known for its premium mattresses, including memory foam and hybrid mattresses. TPX has 700+ stores over 100 countries, ranging from North America to Asia. Sleep Country Canada Holdings Inc. (TSX:ZZZ) is a leading mattress retailer in Canada. The company offers a wide range of mattresses, bedding accessories, and sleep-related products. Sleep Country has 289 stores throughout Canada and has 5 leading ecommerce platforms. The company operates under the Dormez-vous, Sleep Country Canada, Hush, and Endy retail banners. This report analyzes potential strategic alternatives between these two companies.

January 01, 2024
Glencore and Hudbay Minerals | Eden Vasica

Glencore is one of the world’s largest diversified natural resources businesses. They currently have two key business lines, industrial (~80% EBITDA) and marketing (~20% EBITDA). Hudbay commands a strategic portfolio in key base and precious metals, with a particular focus on copper. They boast a robust operational footprint across the America’s and have a solid track record of resource extraction. This report analyzes potential strategic alternatives between these two companies.

January 01, 2024
Netflix and Electronic Arts | Casey Whintors

Netflix (NASDAQ: NFLX) is one of the largest entertainment services with approximately 247 million subscribers across over 190 countries. Netflix develops and offers TV series, films, and games across many different genres and languages on their streaming network. Electronic Arts (NASDAQ: EA) is an American video game company headquartered in Redwood City, California. The company offers innovative games and experiences for consoles, mobile devices, and personal computers boasting nearly 600 million active players globally. Top brands include FIFA, Battlefield, Apex Legends, F1, and NFL Madden. This report analyzes potential strategic alternatives between these two companies.

January 01, 2024
Western African Resources and Orezone | Rajeet Dhillon

West African Resources (ASX:WAF) is an emerging gold producer based in Australia. The company operates in Burkina Faso, Africa. WAF owns the Sanbrado Gold Mine (90% ownership), the Kiaka Gold Project (90% ownership), and the Toega Gold Project (90% ownership). Orezone Gold Corporation (TSX:ORE) is a small-cap gold producer based in Vancouver, Canada. The company’s operations focus on its 90% interest in the open-pit Bomboré Gold Mine in Burkina Faso, Africa. This report analyzes potential strategic alternatives between these two companies.

November 15, 2023
NetApp and Nutanix | Benjamin Siem

NetApp (NASDAQ: NTAP) is a leading provider of data management solutions and services, which includes cloud services, storage infrastructure, and access to hybrid multi-cloud environments. They differentiate themselves by being the only data-centric software company that provides hybrid cloud data and enterprise storage capabilities to the public cloud. NetApp provides a unified software, along with proprietary ransomware protection features. Nutanix, Inc. (NASDAQ: NTNX) provides a leading enterprise cloud platform, particularly in the realm of hyper-converged infrastructure (HCI) and cloud software. Nutanix aims to simplify and streamline data center operations by integrating various components into a single, software-defined platform. These solutions allow organizations to simply run and move their workloads, between on-premises and public clouds. This report analyzes potential strategic alternatives between these two companies.

May 01, 2023
Harley-Davidson, Inc | Omar Al-Hmoud

Harley-Davidson, Inc. is engaged in the manufacturing and sale motorcycles as well as motorcycle parts, accessories, general merchandise, and related services. The company has a financial services segment which provides financing at both the consumer and dealership level. The company was founded in 1903 and is headquartered in Milwaukee, Wisconsin.

April 21, 2023
Hyatt Hotel Corporation | Kevin Kim

Founded in 1957 and headquartered in Chicago, Hyatt Hotels Corporation ('Hyatt' or the 'Company'), is a leading global hospitality company that owns a portfolio of over 20 brands with over 1000 properties. Hyatt has over 800 properties and operates in over 60 countries across six continents.

April 17, 2023
DICK’S Sporting Goods | Eric Zhao

DICK'S Sporting Goods, Inc. (or 'Dick's') is a sporting goods retailer that sells sports equipment, footwear, apparel, and accessories. Founded in 1948, it currently operates out of 853 locations across the United States.

April 17, 2023
Levi Strauss & Co. | Naoki Sakura

Levi Strauss & Co. ('LEVI') is a American apparel company that leads jeans-wear globally and company was founded in San Francisco, California in 1853. Levi Strauss & Co. currently operates in more than 110 countries with 3,100 stores worldwide. Company has four revenue segments: wholesale, e- commerce, shop-in-shop, and company operated stores.

April 17, 2023
Tapestry Inc. | Catherine Wang

Tapestry, Inc. (NYSE: TPR) is a leading New York-based house of accessible luxury accessories and lifestyle brands. The company operates through three segments, Coach, Kate Spade, and Stuart Weitzman, in the United States, Japan, China, and internationally.

April 16, 2023
MGP Ingredients | Tony Liaw

MGP Ingredients, MGPI, MGP, or the company, is an alcohol manufacturer specializing in distilling services for downstream business customers. After the acquisition of LUXCO, a branded spirit company, MGP acquired multiple brands, which contributed to a significant growth in revenue in the branded spirit product segment. Moreover, a small portion of its revenue is attributable to the ingredient solutions segment, which is primarily comprised of wheat starches and proteins for food processors.

April 15, 2023
Wingstop Inc. | Hilary Lau

Wingstop Inc. is a fast-casual restaurant chain focusing on chicken wings with a retro aviation theme. It currently has approximately 1,900 locations worldwide in 8 countries and operates under a franchise model. 98% of Wingstop locations are owned and operated by independent franchisees.

April 14, 2023
Petco Health and Wellness Co., Inc. | Dennis Quek

Petco Health and Wellness Company Inc ('Petco') provides a wide variety of pet-related services, including veterinary care, grooming, training, telehealth, and pet health insurance services. It also sells pet supplies, consumables, and services through its various websites. Petco has over 1,500 pet care centers across the U.S., Mexico, and Puerto Rico.

CR 2023
March 30, 2023
Consumer Retail & Healthcare Primer 2023

The 2023 Consumer Retail & Healthcare Primer contains an in-depth analysis of the sporting goods, automotive manufacturing, food & beverages, household & personal care, and life sciences tools and diagnostics industries.

March 30, 2023
Hilton Grand Vacation | Shirley Wu

Hilton Grand Vacation is a timeshare company that allows travelers to advance purchase vacation time at various travel destinations within the Hilton network. Travelers join one of Hilton’s points-based Clubs and become one of 300,000 members to enjoy exclusive leisure travel services.

NR 2023
March 30, 2023
Natural Resources Primer 2023

The 2023 Natural Resources Primer contains an in-depth analysis of the energy, forestry, and mining sectors.

TMT 2023
March 30, 2023
Technology, Media, and Telecommunications Primer 2023

The 2023 Technology, Media, and Telecommunications Primer contains an in-depth analysis of the payment sector.

March 21, 2023
Planet Fitness, Inc. | Justin Houlberg

Planet Fitness, PLNT, or the company, was founded in 1992 and is one of the largest and fastest growing franchisors and operators of fitness centers in the U.S. The company is a highly recognized brand that offers a welcoming, non-intimidating environment, a distinct store experience, and significant value for members. PLNT operates over 2,000 stores in 6 countries.

March 20, 2023
Graphic Packaging Holding Company | Caleigh Kuramoto

Graphic Packaging Holding Company ('the Company') was incorporated in 2007 and is headquartered in Atlanta, Georgia. The Company provides fiber-based packaging solutions to food, beverage, foodservice, healthcare, and other consumer products companies. It operates through three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging.

March 20, 2023
Revolve Group, Inc. | Liyun Sun

Revolve Group, Inc. is the next-generation fashion retailer for Millennial and Generation Z consumers, with two reportable segments, REVOLVE and FWRD, each offering diverse products available for sale to customers through their respective websites. REVOLVE offers a broad assortment of premium apparel, footwear, accessories, and beauty products while FWRD offers a curated assortment of emerging luxury brands.

March 17, 2023
YETI Holdings, Inc. | Harry Jeong

YETI Holdings, Inc. is an outdoor product designer, retailer and distribution company founded in 2006, headquartered in Austin, Texas. YETI produces a variety of premium products ranging from coolers and drinkware to bags and apparel.

March 15, 2023
Marriott Vacations Worldwide Corp | Benjamin Siem

Marriott Vacations Worldwide Corporation is a leading provider of vacation ownership, exchange, rental and resort and property management. As a former subsidiary of Marriot International, VAC is more than just a vacation ownership company, it offers vacation experiences through its exclusive brands such as the Ritz- Carlton Residences.

REGL 2023
January 30, 2023
Real Estate, Gaming, and Lodging Primer 2023

The 2023 Real Estate, Gaming, and Lodging Primer contains an in-depth analysis of the gaming & casino industry.

April 08, 2022
Hanesbrands Inc. | Max Wong

Hanesbrands Inc (‘Hanes’) is a multinational clothing retailer which focuses on providing consumers with high-quality daily casual wear and apparel. However, their well-known subsidiaries which include brands such as Champion to target the niche streetwear market, which has a high concentration of younger audiences. Hanesbrands currently has operations in more than 40 countries, including 39 manufacturing facilities and 45 distribution centers in addition to 1002 retail locations internationally.

April 08, 2022
Maple Leaf Foods | Cynthia Wang

Maple Leaf Foods Inc. (MFI) is a Canadian food producer that specializes in producing processed meat, ready-to-cook, ready-to-eat meals, hog products, fresh pork and poultry. In 2017, the Company added a plant protein group into its product line, which includes plant protein products and vegan cheese. Maple Leaf Foods operates in Canada, the US and Asia.

CR 2022
March 30, 2022
Consumer Retail Primer 2022

The 2022 Consumer Retail Primer contains an in-depth analysis of the sporting goods & hobby and luxury automotive manufacturing sectors.

March 30, 2022
GreenPower Motor Company Inc. | Lisa Lu

GreenPower Motor Company Inc. ('GreenPower Motor' or 'GreenPower Motor' or 'the Company' or 'GPM') designs, builds, and distributes battery electric buses for all sectors of the passenger transportation industry. Their inventory is high-floor and low-floor all electric medium and heavy-duty vehicles, including transit buses, school buses, cargo vans, cabs, and shuttles. They employ a clean- sheet design, manufacturing all-electric vehicles that are purpose built to be battery powered with zero emissions.

NR 2022
March 30, 2022
Natural Resources Primer 2022

The 2022 Natural Resources Primer contains an in-depth analysis of the energy, forestry, and mining sectors.

TMT 2022
March 30, 2022
Technology, Media, and Telecommunications Primer 2022

The 2022 Technology, Media, and Telecommunications Primer contains an in-depth analysis of the payment sector.

March 24, 2022
Richelieu Hardware Ltd. | Tareeq Mangalji

Richelieu Hardware Ltd. is a Canadian Company that specializes in the manufacturing and distribution of various hardware products and items that can be installed within the home setting. The Company operates primarily within North American markets, with the majority of its sales coming from Canada and the United States. With a wide variety of products and increasing number of distribution centers, the Company aims to become ‘the market leader in specialty hardware products’.

March 22, 2022
Six Flags Entertainment Corp. | Elissac Kim

Founded in 1961 and known to many for decades as 'Six Flags' or 'Hurricane Harbor' parks, Six Flags is the largest regional theme park and waterpark operator in North America, based on the number of parks operated. Six Flags operates 27 regional theme parks, with 24 locations in the United States, 2 in Mexico, and 1 in Montreal, Canada.

March 22, 2022
The Wendy’s Company | Raiden Huang

The Wendy’s Company. ('Wendy’s' or the 'Company') is an American holding company engaged in operating, developing, and franchising a system of quick-service dining establishments that serve a menu of classic burger stand items. There are more than 6500 Wendy’s restaurants currently operating in the United States and internationally.

March 21, 2022
Columbia Sportswear Company | Kelvin Nip

Columbia Sportswear Company ('COLM') is a leading American outdoor apparel and footwear company founded in Portland, Oregon in 1938. They design, source, market, and distribute active, outdoor, and lifestyle apparel, accessories, equipment, and footwear. COLM operates under two distribution segments: Direct to Customers (DTC), Wholesale, and other segments.

March 18, 2022
Foot Locker Inc. | Paul Gill

Foot Locker Inc. ('Foot Locker' or the 'Company') is a prominent sportswear and footwear company headquartered out of New York City. Along with its portfolio of companies that include Champs Sports and Eastbay, the Company celebrates youth and sneaker culture at its core. With over 3000 retail stores and a prominent e-commerce presence, Foot Locker continues to fuel the passion for sneaker love and fashionable sportswear around the world.

March 17, 2022
Dave & Buster’s Entertainment, Inc. | Harry Jeong

Dave and Buster’s Entertainment, Inc. ('Dave and Buster’s') is an American arcade, food and entertainment complex company, headquartered in Dallas, Texas with operations mainly across the United States. The company has 141 locations across North America that delivers a variety of products to its customers.

March 16, 2022
Stitch Fix | Adib Vahedi

Stitch Fix is an online personal styling service in the United Stated and United Kingdom. Through algorithms and data science, it creates recommendations for users to personalize clothing items considering style, budget and size. Founded in 2011 by Katrina Lake, it was originally catered to women but has expanded to serve a wide range of customers.

March 15, 2022
Corsair Gaming, Inc. | Caitlin Syho

Headquartered in Fremont, California, Corsair Gaming, Inc. ('Corsair' or the 'Company') is a leading hardware and peripherals specialist providing high-performance gaming components and systems. It currently operates through its retail and direct-to-consumer channels, distributing products to retailers, such as Amazon and Best Buy.

March 15, 2022
Signet Jewelers Inc. | Lynne Shi

Signet Jewelers Inc. ('Signet' or the 'Company') is the world’s largest diamond jewelry retailer. It is a multinational holding company that owns several brands including Zales and People’s Jewellers. The Company offers a wide range of products and jewelry-related services. Signet’s banners primarily specialize in fine bridal jewelry and operate through physical retail stores in the United Kingdom, Canada, and the United States.

March 13, 2022
Dillard's, Inc. | Terence Cheung

Dillard’s Inc. ('Dillard’s' or the 'Company') is an American department store chain that offers men, women, and children a variety of upscale fashion apparel, accessories, cosmetics, and home furnishing goods. Currently, Dillard’s, Inc. operates department stores across 29 states, primarily in the Southwest, Southeast, and Midwest regions of the United States.

March 11, 2022
Copa Holdings, S.A. | Benjamin Siem

Copa Holdings, S.A. (CPA) is a global provider of airline passenger and cargo transportation through its principal subsidiaries, Copa Airlines and Copa Colombia. Headquartered in Panama and Colombia, the company offers affordable flights worldwide, with a major emphasis on service and punctuality.

REGL 2022
January 30, 2022
Real Estate, Gaming, and Lodging Primer 2022

The 2022 Real Estate, Gaming, and Lodging Primer contains an in-depth analysis of the industrial and commercial sectors.

July 23, 2021
Burlington Stores Inc. | Sally Jiao

Burlington Stores is an American off-price retailer that offers branded apparel, accessories, and home goods at up to 60% off of their original price.

April 30, 2021
American Eagle Outfitters, Inc. | Blair Huang

American Eagle Outfitters, Inc. is a specialty retailer aims to offer a braod assortment of apparel, accessories, and personal care products at an affordable price. It mainly operates under two brands: AE and Aerie. American Eagle Outfitters, Inc. operates over 1000 stores in the United States, Canada, Mexico, and Hongkong. Most of their stores operate in the United States.

April 23, 2021
TripAdvisor, Inc | Angela Chen

TripAdvisor, Inc. is an online travel company operating a portfolio of websites with user-generated content and comparison shopping. The company operates in 49 different global markets with 23 different travel media brands to provide customers with the all-encompassing travel booking and planning experience.

April 10, 2021
Analog Devices, Inc. | Simrit Hundal

Analog Devices, Inc. (ADI) is a leading player in the semiconductor industry, primarily operating in internet and communication technology. ADI manufactures, tests, and markets a broad portfolio of solutions, including integrated circuits, software and systems utilizing analog technology, and mixed-signal and digital signal processing technologies.

April 03, 2021
Mattel Inc | Jeffrey Low

Mattel, Inc. is an international toy manufacturer, advertiser,and distributor that offers their products in over 150 countries. Since 1945, they have aimed to entertain, educate,and inspire children through their collection of iconic brands including Fisher-Price, Barbie, MEGA,and Hot Wheels.

March 19, 2021
Molson Coors Beverage Co. | Adam Parolin

Molson Coors Beverage Company, Molson Coors, or the Company, is one of the world’s largest beer makers and has delivered beer to customers worldwide for over two centuries. The Company has a portfolio of over 68 brands which are led by Molson Canadian, Miller Lite, and Coors Light. Molson Coors brews, markets and distributes beer and similar beverages in all areas of the world with the commitment of leaving a positive imprint on their employees, consumers, communities, and the environment.

March 13, 2021
Universal Electronics | Alair Ang

Headquartered in Arizona, USA, Universal Electronics Inc. (UEI) is a universalsmart home technology provider and a manufacturer of remote control, IoT devices, and software/cloud services. UEI designs, manufactures, and ships products across the globe for consumers and companies in the audio video, subscription broadcasting, connected home, and mobile devices market.

March 12, 2021
Shake Shack, Inc. | Luka Roberts

Shake Shack, Inc. (or “Shack”) is an American fast-casual restaurant chain, serving a menu of traditional burger stand items. The company currently operates in 15 countries and 30 states—as well as the District of Columbia.

March 12, 2021
Skechers U.S.A, Inc. | Joshua Grewal

Skechers U.S.A Inc, headquartered in Manhattan Beach, California, was founded in 1992 and specializes in affordable yet stylish footwear and apparel. Skechers sells its products to wholesale distributors, retailers and directly to consumers in over 170 countries.

March 10, 2021
Canada Goose Holdings Inc. | Reilly Kagetsu

Canada Goose Holdings Inc. (GOOS or the “Company”) and its subsidiaries design, manufacture, and sell performance luxury apparel for men, women, youth, children, and babies. GOOS operates under its Direct-To-Consumer (DTC), Wholesale and Other segments. As its name suggests, GOOS was founded in Canada by Sam Tick, originally under “Metro Sportswear Ltd.” In 1957.

March 04, 2021
Canadian Solar Inc. | James Tucker

Canadian Solar Inc. is a solar power company that designs, develops, and manufactures key solar power products and modules through its MSS and Energy segments for a range of residential, commercial, and industrial applications. It has major production and power facilities in North and South America, Europe, Africa, the Middle East, and APAC

March 04, 2021
PVH Corp. | Jocelyn Bachmann

PVH Corp. (PVH) is a global apparel company offering fashion apparel, accessories and footwear ranging from luxury to everyday wear through its owned and licensed brands including Calvin Klein, Tommy Hilfiger, Van Huesen, Izod, and Arrow.

February 28, 2021
Garmin Ltd. | Huy Pham

Garmin Ltd. offers a range of wearable GPS-based devices and navigation, sensor-based technology products. The company operates internationally in five segments: Auto, Aviation, Fitness, Marine and Outdoor. Flagship products include smartwatches, chart plotters, aircraft display equipment and auto manufacturer solutions.

CR 2021
February 27, 2021
Consumer Retail Primer 2021

The 2021 Consumer Retail Primer contains an in-depth analysis of the softlines, hardlines, food & beverage, and household & personal care sectors

February 25, 2021
Cascades Inc. | Gurnoor Minhas

Cascades Inc. (“CAS”) is a paper and packaging manufacturing company with multinational operations in Canada, the United States, and Europe. The Company operates in four primary segments: Containerboard, Boxboard Europe, Specialty Products, and Tissue Paper. Headquartered in Quebec, Canada, the company consists of 90 operating facilities with over 12,300 employees.

NR 2021
February 25, 2021
Natural Resources Primer 2021

The Natural Resources Primer contains an in-depth analysis of the metals & mining, forestry & forest products, and oil & gas sectors

February 22, 2021
MasterCraft Boat Holdings, Inc. | Matias Canofari

MasterCraft Boat Holdings, Inc. (“MasterCraft Holdings” or “the Company”) is the leading designer, manufacturer, and marketer of recreational powerboats and operates with dealers in thirty- seven countries. MasterCraft Holdings has four brands which they sell under – MasterCraft, NauticStar, Crest, and Aviara. Each brand is tailored towards a category in the recreational powerboat market from performance sportboats to outboard bay boats.

February 18, 2021
Clearwater Paper Corporation | Yewen Wang

Clearwater Paper Corporation (CLW) is a US manufacturer and supplier of private label tissue products and bleached paperboard distributed domestically and internationally. The business is organized into two segments: Consumer Products and Pulp and Paperboard.​

February 18, 2021
Nordstrom Inc. | Dylan Assi

Nordstrom Inc. (“Nordstrom” or the “Company”) is a luxury department store chain headquartered in Seattle, Washington with operations in the U.S. and Canada. The Company offers high-quality brand-name and private-label merchandise focused on apparel, shoes, cosmetics, and accessories through both full-price and off-price channels.

February 17, 2021
Ralph Lauren Co. | Logan Hale

Ralph Lauren is a leading American apparel and fashion company, founded in 1976, with stores across North America, Europe, and Asia. They are known for their mid-range to luxury priced apparel, home products, accessories, and fragrances. Ralph Lauren distributes products to their consumers via their retail, wholesale, licensing, and growing e-commerce operations.

TMT 2021
February 15, 2021
Technology, Media, and Telecommunications Primer 2021

The 2021 Technology, Media, and Telecommunications Primer contains an in-depth analysis of the software, semiconductors, hardware & equipment sectors, global entertainment & media, and Canadian telecom.

February 14, 2021
e.l.f. Beauty, Inc. | Katerina Nieboer

e.l.f. Beauty, Inc (‘e.l.f.’ or ‘the Company’) is an American cosmetics brand. The Company manufactures and sells cosmetics and skincare through its brand websites and retail partners. Its products are mainly manufactured in China in collaboration with third-party manufacturers.

February 12, 2021
The Michaels Companies, Inc. | Cathie Ji

The Michaels Companies Inc. is the largest arts and crafts specialty retailer in North America. Its corporate headquarters are located in Irving, Texas. The company owns over 1250 retail stores across the United States and Canada and 15 private label brands.

May 20, 2020
Dine Brands Global Inc. | Pranoy Debnath

Dine Brands Global, Inc. is a leading full-service chain restaurant company responsible for developing, operating and franchising its two leading flagship restaurants, Applebee’s Neighbourhood Grill & Bar and IHOP. The company owns or franchises over 3,600 restaurants across 21 countries.

May 05, 2020
Keysight Technologies, Inc. | Sean Kadota

Keysight Technologies provides electronics testing and measurement equipment and solutions. In 2014, Keysight was spun-off from Agilent Technologies (previously part of HewlettPackard), and is a leader in the testing and measurement space.

April 30, 2020
Turtle Beach Corp. | Ian Del Rio

Turtle Beach Corporation (the Company), is a leading videogame peripheral brand offering a large selection of gaming accessories for all major gaming consoles, PC’s and mobile devices. A market leader in console gaming headsets for the past 10 years, Turtle Beach has recently expanded its product offering to include PC gaming peripherals such as headsets, keyboards and mice.

April 29, 2020
Neenah Inc. | Samuel Chen

Neenah Inc. is a global paper and pulp company that produces various fine paper and packaging as well technical products in US and Europe. It consists of 8 wholly owned subsidiaries that operate as independent bodies that manufacture and sell products.

April 29, 2020
PetMed Express | Irene Liu

PetMed Express, Inc. and its subsidiaries operate under the trade name, 1-800-PetMed (the “Company”). PetMed Express is the largest online pet pharmacy in the United States and provides both prescription and non-prescription pet medications, health products, as well as other products for dogs, cats, and horses. As a direct-to-consumer business, the company competes with traditional retailers of pet medications and vets to offer consumers an alternative method of obtaining pet medications.

April 17, 2020
Group 1 Automotive, Inc. | Bob Han

Houston-based Group 1 Automotive, Inc., is an international Fortune 300 automotive retailer, and a leading operator in the automotive retailing industry. Since its initial public offering in October 1997, Group 1 has grown to become one of the largest dealership groups in the United States and has expanded into the United Kingdom and Brazil. The company has achieved its success through a strategy that leverages management experience and emphasizes geographic and brand diversity, interrelated revenue streams, operational efficiencies and the prudent deployment of capital.

April 08, 2020
HMS Holdings Corp. | Tiffany Griesbach

HMS Holdings Corp. (“HMS”) is a healthcare information systems company operating in the United States. HMS provides a variety of data analytics and cost containment services for its customers, which include government-sponsored healthcare programs such as Medicare and Medicaid, as well as commercial health plans and private employers. Through its suite of offerings, HMS helps its customers save billions of dollars annually while helping the public lead healthier lives.

April 02, 2020
Weyco Group, Inc. | Joseph Cashore

Weyco Group Inc. is a US-based company that designs, markets, and distributes footwear. Their flagship brands include Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters. These brands offer primarily mid-priced men's dress shoes. They also offer footwear for women and children, work boots, and winter boots. Their operations are segmented into North American wholesale, and North American retail, as well as some overseas operations.

April 01, 2020
Alico, Inc. | Justine See-Fernandez

Alico, Inc. (“Alico” or the “Company”) is one of America’s largest agribusiness leaders, with principal lines of business in citrus production and land and resource management. Alico aims to create shareholder value by maximizing returns of current assets and strategically acquiring new assets to produce high quality agricultural products while employing sustainable environmental leadership.

March 29, 2020
The Cheesecake Factory Inc. | Sally Jiao

The Cheesecake Factory Inc. (The Company) is a leading American chain of casual dining restaurants. Having recently completed a complex acquisition of Fox Restaurant Concepts (FRC), the Factory now owns 294 restaurants under brands including the Cheesecake Factory® and North Italia. In addition, it holds licensing agreements for 24 international Cheesecake Factory® restaurants.

March 02, 2020
Urban Outfitters, Inc. | Szarrii Lim

Urban Outfitters, Inc. (“URBN”) is a portfolio of global consumer brands focused on providing fashion apparel, accessories, and home and lifestyle products. It is comprised of the brands: Urban Outfitters, Anthropologie, Free People, BHLDN, Terrain, Menus & Venues, and Nuuly.

February 28, 2020
The Children's Place | Surav Malla

The Children’s Place Inc. is a clothing retailer selling exclusively children’s, toddler and baby apparel. The business was established in 1969 and currently operates 955 brick-and-mortar stores in the U.S. and Canada as well as an e-commerce business. The company also generates sales and royalty revenue from 8 international franchise partners operating 260 points of distribution (stores and shop in shops with e-commerce) in 19 countries

February 16, 2020
Hostess Brands, Inc. | David Buzza

Hostess Brands, Inc. (“the company” or “Hostess”) produces, markets and distributes Sweet Baked Goods (SBG) throughout North America. The company is well known for its beloved products which date back to the early 1900s.

February 15, 2020
Zumiez Inc. | Jessica Zhang

Zumiez Inc. (Zumiez) is a specialty retailer focusing on apparel, footwear and accessories in the active skateboard, snowboard and streetstyle culture. It delivers its products through three brands: Zumiez, Blue Tomato, and Fast Times. Zumiez Inc. currently operates 707 stores in United States, Canada, Australia and Europe; most of its stores are located in the United States.

February 12, 2020
Jamieson Wellness Inc. | Davis Li

Jamieson Wellness Inc. (JWEL, or ‘Jamieson’) is Canada’s number one manufacturer and distributor of natural health products by sales, providing consumers with high-quality products since 1922. The company operates in over 40 countries mainly in the vitamin, supplement, and mineral (VMS) space, with subsidiaries in women’s health and sports nutrition.

February 10, 2020
Sturm, Ruger & Co | Hasan Altaf

Sturm Ruger & Co designs, manufactures and sells firearms and castings in the United States and worldwide. Their products include a variety of rifles, pistols, revolvers alongside steel investment castings and metal molding parts. The company was founded in 1949 and is headquartered in Southport, Connecticut.

January 22, 2020
Boingo Wireless, Inc. | Victor Shmulevich

Boingo Wireless, Inc. (“Boingo” or “the Company”) provides mobile internet and cellular connectivity for wireless devices by constructing WiFi and cellular networks at large venues such as airports, stadiums, military bases, and multifamily units, and monetizing those networks through various products and services.

September 06, 2019
Finning International | Piero Ferrando

Finning International is the world’s largest Caterpillar equipment dealer delivering service to customers for 85 years, with operations in Canada, the UK & Ireland, and South America.

May 21, 2019
Craft Brew Alliance Inc. | Matheson Parmar

Founded in 2008, Craft Brew Alliance (“the company” or “CBA”) is a leader in brewing, branding, and producing high-quality craft beer products and is the seventh largest craft brewer in the US.

March 27, 2019
Boot Barn | Felicity Wang

Boot Barn (“the Company”) is the leading retail chain dedicated to western and work-related footwear, apparel, and accessories in the U.S., with over 232 stores in 31 states. In addition to their brick and mortar stores, the Company operates three main e-commerce stores and websites dedicated to each of their exclusive brand initiatives.

March 19, 2019
Select Medical Holdings | Alexandra Li

Select Medical is the largest operators of critical illness recovery hospitals, outpatient rehabilitation clinics and occupational health centers, and the second largest operator of rehabilitation hospitals in the United States.

March 17, 2019
IMAX Corporation | Evadne Sanussi

IMAX Corporation (“IMAX”) is an entertainment technology company, specializing in motion picture technologies and presentations worldwide. IMAX has 1,505 theatre systems operating in 80 countries across the world.

March 15, 2019
Scholastic, Inc. | Padraic Lau

Scholastic, Inc. is a global children’s book publishing and distribution company, with an emphasis on educational literature and classroom resources. Scholastic sells one in every two children’s book purchased in the U.S.

March 11, 2019
Abercrombie & Fitch Co. | Ricky Guan

Abercrombie and Fitch Co. (“Abercrombie”) is a global clothing retailer focused on providing premium offerings of fashion apparel, accessories, and personal care products through its brands: Abercrombie & Fitch, Hollister, Gilly Hicks, and Abercrombie kids. Abercrombie currently operates 861 stores across over 20 countries worldwide, with a majority of its operations situated domestically within the US.

March 11, 2019
Cooper Tire & Rubber Company | Sunny Shee

Cooper Tire & Rubber Company is a leading competitor and manufacturer worldwide. The company provides services in designing, manufacturing, marketing, and sales for their products. Cooper focuses primarily on the replacement tire market and offers a wide selection of brands, including Mastercraft, Dean, Starfire, Roadmaster, Avon Tyres, Mickey Thompson, and Dick Cepek.

March 02, 2019
Advanced Drainage Systems, Inc. | Callum Hepworth

Advanced Drainage Solutions, Inc. (ADS) is the largest manufacturer of thermoplastic corrugated pipe in the world, providing its services to all 50 U.S. states and approximately 80 countries worldwide. The only centralized producer and distributor of complete water management solutions in the United States, ADS is renowned for its innovation, product breadth and quality, and sustainability initiatives.

March 01, 2019
The Chefs' Warehouse | Jason Brennan

The Chefs’ Warehouse Inc. (“the company” or “CW”) is a specialty foods distributor that sells niche products sought out by chefs at independent restaurants, country clubs, hotels, bakeries, and more in the United States and Canada. The company’s competitive advantage arises through a one-stop shop experience for high-end chefs with specific and unique demands.

March 01, 2019
Calavo Growers | Jason Van

Calavo Growers, Inc. (“Calavo”) is a global leader in the avocado industry. The Company specializes in the procurement and distribution of fresh avocados, as well as the preparation of packaged food products.

March 01, 2019
At Home Group, Inc. | Noah Sayani

At Home Group Inc. (At Home) is an American big-box retail chain carrying a broad variety of products ranging from furniture to home décor accessories. At Home operates 178 stores across the US with a headquarters located in Plano, Texas.

February 23, 2019
La-Z-Boy Inc. | Piero Ferrando

La-Z-Boy Inc. is the leading global producer of reclining chairs and the second largest manufacturer & distributor of residential furniture in the United States. La-Z-Boy sells its products to furniture retailers, distributors and directly to consumers in the United States, Canada and approximately 60 other countries.

January 04, 2019
Fossil Group Inc. | Ali Cervienka

Fossil Group Inc. (“Fossil”) is a global design, marketing, and distribution company that offers men’s and women’s watches and jewelry, handbags and leather goods, and sunglasses; operating primarily in the Americas, Europe, and Asia. Fossil has also developed, acquired, or licensed many recognized brand names.

September 21, 2018
YELP Inc. | Matthew West

Yelp is a platform where consumers can find information, media, and reviews on local restaurants and businesses.

August 17, 2018
ZAGG | Eric Lin

ZAGG is a leader in mobile tech accessories for smartphones and tablets.

August 01, 2018
Nature's Sunshine Products | Amy Zeng

Nature’s Sunshine, Inc. manufactures health and wellness products and markets them globally through independent sellers.

August 01, 2018
Pollard Banknote. | Jackson Buckle

Pollard Banknote is the second largest supplier of instant lottery tickets in the world, serving over 60 lottery and charitable gaming organizations worldwide.

May 27, 2018
iRobot Corporation | Phuong Vu

iRobot Corporation is an American advanced technology company, focusing on developing and manufacturing autonomous robotic devices for the connected home.​

May 22, 2018
Culp | Jordan Lau

Culp is a global manufacturer and seller of mattress fabrics, mattress covers, and upholstery fabrics.

May 03, 2018
CROCS, Inc. | Parm Sidhu

Crocs, Inc. is engaged in designing, developing, manufacturing, marketing, distributing, and the selling of its casual lifestyle footwear and accessories.​

April 23, 2018
Rogers Sugar Inc. | Miguel Valarao

Rogers Sugar is a holding corporation for Lantic, the largest refined sugar producer in Canada. Lantic operates cane refineries in British Columbia and Québec, as well as a sugar beet factory in Alberta and a custom sugar-blending operation in Ontario.

April 06, 2018
TWC Enterprises Limited | Alexander McGuigan

TWC Enterprises Limited owns and operates golf courses, resort properties, ports, and the Yukon pass railway. Through their subsidiary, ClubLink, TWC is the largest golf course operator in Canada.

April 02, 2018
Oxford Industries | Kameel Ladak

Oxford Industries is an international apparel design, sourcing, and marketing company.

March 26, 2018
Barnes & Noble, Inc. | Jared Lo

Founded as a small college bookstore in 1965, Barnes & Noble (“BKS” or “the Company”) has since become the world’s largest bookseller. The Company currently owns 630 retail locations, operates an eCommerce website, and handles NOOK, one of the largest digital bookstores. BKS offers a wide selection of products including: books, vinyl, collectibles, movies, and other digital content.

March 26, 2018
Monarch Casino and Resort | Graeme Brawn

Monarch Casino and Resort is a US-based holding company that, through its subsidiaries, owns and operates two casinos in Reno, Nevada, and Black Hawk, Colorado. The Reno property has a hotel and the Black Hawk property is slated to open a hotel in Q2 2019.

March 16, 2018
Guess?, Inc. | Gurman Sihota

Guess? Inc. (Guess) is an American brand and retailer that focuses on men’s and women’s clothing as well as accessories. Guess is a global brand that operates over 1600 stores worldwide. Guess also sells its clothing through other retailers such as Hudson’s Bay.

March 15, 2018
Malibu Boats, Inc. | Marius Schneider

Malibu Boats is a manufacturer and marketer of inboard, sterndrive and outboard powerboats, as well as boat accessories and trailers. Malibu Boats was founded in 1982 and distributes its products through a global dealer network.

March 15, 2018
Tandy Leather Factory, Inc. | Beverley Fung

Tandy Leather Factory is a consumer goods store specializing in leather and leathercraft tools.

March 13, 2018
Denny's Corp. | Ayush Paliwal

Denny's (also known as Denny’s Diner) is a full-service, diner-style restaurant chain. Open 24/7 in most locations, the company owns or franchises over 1,700 restaurants in over 15 different countries.

March 05, 2018
BJ’s Restaurants Inc. | Franklin Wang

BJ’s Restaurants Inc. (BJ’s) is a U.S. based company that owns and operates domestic full service, casual dining restaurants. BJ’s signature concept offers specialty pizza desserts, and self-brewed craft beers.

March 05, 2018
New Look Vision Group Inc. | Kelly Wu

New Look Vision Group Inc. is a leading provider of eye care products and services in Canada. Founded in 1986 in Quebec City, New Look Vision Group is the largest optical company in Canada operating through four main retail optical banners: Greiche & Scaff, IRIS, New Look Eyewear, and Vogue Optical.

March 02, 2018
Marine Products Corporation | Adrien Rebselj

Marine Products Corporation (NYSE:MPX) is a fiberglass powerboat manufacturer based in Atlanta, Georgia. The company owns and operates two subsidiaries: Chaparral boats and Robalo boats. Chaparral manufactures sterndrive, outboard, and jet boats and Robalo manufactures outboard sport fishing boats.

September 14, 2017
Shutterstock, Inc. | James Sun

We believe Shutterstock’s last three disappointing quarters are not indicative of its future growth prospects, and we remain optimistic about the transition to a broader and more creative platform as one that will accelerate revenue growth and expand margins through a successful expansion into adjacent markets. We believe the market and most brokers are not fully appreciating Shutterstock’s current transition, and are valuing it purely as a stock photo repository.

September 01, 2017
SupremeX Inc. | Marius Schneider

Supremex manufactures, markets and distributes envelopes and packaging products within North America. These products are tailored to the specifications of major corporations, retailers, governments, merchants and other processors and solution providers. Supremex operates ten manufacturing facilities across Canada and three in the United States. Currently, the company employs approximately 780 people. Supremex was founded in 1977 and grew to its current size mostly inorganically.

March 16, 2017
Hardwoods Distribution, Inc. | Tony Chen

Hardwoods Distribution Inc. (Hardwoods) is one of the largest distributors of hardwood, sheet wood and specialty products in North America. Its customer base consists of over 10,000 customers in North America, most of which are manufacturers of products involved in residential construction.

March 11, 2017
Intrawest Resort Holdings, Inc. | Adam Velgi

Intrawest is a mountain resort and adventure company operating in North America. Their business includes three segments: mountain, adventure, and real estate. The mountain segment operates various resorts throughout Canada and the United States. Their adventure arm provides heli skiing experiences throughout Alberta and British Columbia, whereas the real estate segment consists of real estate management and development operations. In total the company owns and operates 8000 skiable acres in addition to 1120 acres available for real estate development.

March 06, 2017
Aritzia, Inc. | Matthias Eyford

Aritzia (OTC:ATZAF; TSX:ATZ) is a Canadian fashion retailer that operates through 82 retail stores and its ecommerce segment in Canada and the United States. The company designs, develops and distributes merchandise to customers directly. It designs women clothing including, but not limited to sweaters, pants, t-shirts, blouses, jackets, and accessories under its umbrella of exclusive brands and then distributes them under the Aritzia brand. The company filed for its IPO in October of 2016.

March 05, 2017
DIRTT Environmental Solutions, Inc. | Miguel Valarao

DIRTT Environmental Solutions Ltd. (DIRTT) is a technology- driven manufacturer of interiors. With its proprietary ICE software and in-house manufacturing, DIRTT handles the processes from production to on-site installation. DIRTT provides its services through a Distribution Partners network, which has a client-base in healthcare, education, financial services, government, non-profit, oil and gas, retail, and technology industries. DIRTT is headquartered in Calgary, Alberta.

February 12, 2017
Indigo Books & Music, Inc. | Arvind Vig

Indigo has been operating in Canada since 1997, as their first store was opened in Burlington, Ontario. However, the company as it is known today, Indigo Books & Music, has been in business since 2001, following a merger with Chapters. They are a Canadian based retailer that sells a variety of products including books, toys, and even home decorations. Their products are sold in stores that operate all across Canada, and on their online website. There are 88 large-format stores operating under the banner “Chapters” or “Indigo” and an additional 123 stores operating under the banners Coles, Indigospirit, SmithBooks, and The Book Company.

February 07, 2017
Reed's, Inc. | Colby Evans

Reed’s, Inc. was founded in 1989 by Christopher J. Reed. The company manufactures and sells a variety of products including Kombucha, carbonated soft drinks, candies, and ice creams. These products can be found in over 15,000 supermarkets nationwide and are also sold in natural food stores, convenience stores, retail stores, as well as restaurants. Reed’s is headquartered in Los Angeles, California, and primarily serves the North American market.

February 06, 2017
AirBoss of America Corp. | Matthias Eyford

AirBoss of America is an Ontario based holding company, which, through its various wholly owned subsidiaries, engages in the procurement, development and sale of rubber-based products. AirBoss operates in three main product categories: rubber compounding, engineered products and automotive. With regards to operations, AirBoss primarily serves the transportation, defense, and resource industries in North America and Europe; they are the second largest in North America.

February 04, 2017
Citi Trends, Inc. | Alexa Wu

Citi Trends, Inc. (CTRN) is an American retail chain headquartered in Savannah, Georgia, that offers apparel, accessories and home products for family‐oriented shopping. It currently operates approximately 533 brick‐and‐mortar stores across 31 states in the U.S. and also offers limited online shopping through its website, which was launched in 2014. Its products, which include national and in‐house brands, are sold at significant discounts compared to the regular prices that are charged at department and specialty stores. Its target market consists of fashion‐conscious and price‐ conscious consumers, specifically African‐American shoppers.

January 31, 2017
SolarEdge Technologies, Inc. | Henry Zhang

SolarEdge Technologies Inc. (NASDAQ:SEDG) is an Israeli-based solar technology company that provides power optimizers, solar inverters, and monitoring solutions for solar photovoltaic (PV) systems. The Company is currently one of the largest PV inverter supplier with approximately 7% of global market share. Since 2010, SolarEdge has shipped over 3.8 gigawatts of its DC optimized inverter systems to over 45 countries.

January 29, 2017
Silver Spring Networks, Inc. | James Sun

Silver Spring Networks (SSNI) is an “Internet of Things” (IoT) enabler that provides utilities with advanced metering infrastructure solutions to achieve more efficient, two-way information flow between consumers and utilities. The Company also offers a diverse portfolio of ancillary applications that promote energy efficiencies and cost savings. The Company has over 25 million endpoints delivered to date.

January 28, 2017
Nautilus, Inc. | Manroop Gill

Nautilus Inc. (NYSE: NLS) is a consumer fitness products company that is headquartered in Vancouver, Washington. Its key activities consist of designing, developing, sourcing and marketing high‐ quality cardio and strength fitness products for consumers. Nautilus receives 88% of its revenue from the United States, 10% from Canada and the remaining 2% from international markets.

December 27, 2016
Intertape Polymer Group, Inc. | Keegan Tarberner

Intertape Polymer Group (ITP) operates in the specialty plastic and packaging industry. The company is the number one or two supplier of a variety of tapes (box sealing & industrial tapes), polyethylene and specialized polyolefin film (primarily pallet wrapping film), and woven coated fabrics (WCF). ITP’s wide‐ ranging product lines serve various end‐markets, including the fulfilment and packaging, building and construction, transportation, agriculture, aerospace, military, and oil and gas industries. ITP operates primarily in North America, with 6.8% and 85.8% of revenues coming from Canada and the U.S., respectively.

July 16, 2016
Kona Grill, Inc. | James Sun

Kona Grill, Inc. is a casual dining restaurant company based in Scottsdale, Arizona. Their diverse menu offerings feature contemporary Asian and American cuisine, served with over 40 signature sauces and dressings, as well as a readily available sushi bar and a wide selection of wine and cocktails. It currently operates 40 restaurants in 22 states and in Puerto Rico. Kona Grill creates a distinct atmosphere through their sleek, modern restaurant design, along with decorative fire and water elements, bevelled stone walls and ambient lighting.

June 19, 2016
Logistec Coporation | Henry Zhang

Logistec Corporation (Logistec) is a marine and environmental services provider based out of Montréal, Quebec. Within the firm’s marine services segment, it provides cargo handling, stevedoring (loading & unloading vessels), transportation, and marine agency services. Within the environmental sector, the firm provides structural rehabilitation for underground water mains, regulated materials management, site remediation, risk assessment, and woven-house manufacturing.

March 24, 2016
International Road Dynamics, Inc. | Balreet Bhangoo

International Road Dynamics Inc. (IRD) is a leading manufacturer of integrated systems and solutions for the global Intelligent Transportation Systems (ITS) Industry. IRD is headquartered in Saskatoon, Saskatchewan with corporate subsidiaries around the globe. IRD is a world leader in the highway traffic management and in-vehicle systems solutions industry.

March 10, 2016
Movado Group, Inc. | Henry Zhang

Movado Group, Inc. (Movado) is a Swiss watch designer, marketer and distributer based out of New Jersey, USA and is best known for their Movado Museum Watch. The firm operates in two main business segments, wholesale and retail. Movado primarily competes in the accessible luxury and luxury watch categories. The company’s largest distribution faculty is in Moonachie, New Jersey, USA, but has smaller operations located in Switzerland, France, Hong Kong, Canada, China and Singapore.

January 29, 2016
Acadian Timer Corp. | Joban Sandhu

Acadian is a supplier of primary forest products in Eastern Canada and Northeastern United States. It is headquartered in Vancouver, BC and consists of 119 employees. Its forest products include softwood and hardwood sawlogs, softwood and hardwood pulpwood and biomass by-products. It owns and manages approximately 761,000 acres of freehold timberlands in New Brunswick and approximately 299,000 acres of freehold timberlands in Maine.

January 24, 2016
Callaway Golf Company | Balreet Bhangoo

The Callaway Golf Company (“ELY”) is a leading manufacturer and distributor of high quality golf equipment and accessories. ELY is headquartered in Carlsbad, California. The company’s products are sold in over 100 countries and it employs approximately 1700 people. ELY sells its products through retailers, directly online and through its pre‐owned and trade in services.

January 15, 2016
Crown Crafts Inc. | Simon Zhang

Crown Crafts, Inc. operates in the infant and toddler products segment of consumer products industry through its subsidiaries Crown Crafts Infant Products, Inc., which designs, markets and distributes infant and toddler products including bedding, blankets and other nursery accessories; and Hamco, Inc., which designs, markets and distributes bibs, bath items and other accessories. Sales are generally made directly to retailers such as mass merchants, chain stores, juvenile specialty stores, Internet retailers, wholesalers, grocery and drug stores. Crown Crafts is headquartered in Gonzales, Louisiana, the United States.

January 14, 2016
Cherokee Inc. | Mauricio Lau

Cherokee is a global brand marketer and manager based in Sherman Oaks, California. They currently license a portfolio consisting of more than twelve fashion and lifestyle brands, focusing on domestic and international direct to retail licensing.

January 14, 2016
Mercer International Inc. | Braeden Price

Mercer International [MERC:NASDAQ] is a global pulp company specializing in the production of northern bleached softwood kraft (NBSK) pulp, which is used in a variety of paper and tissue products. Mercer also sells biochemical and bioenergy products, both by-products of the pulp production process. They operate in Canada and Germany through three mills: Rosenthal, Stendal and Celgar. Over 50% of revenues are attributable to European sales, while growing Chinese business represents 26% of sales.

January 09, 2016
Savaria Corporation | Keegan Taberner

Savaria (TSE: SIS) is a leader in the accessibility industry. Savaria designs, builds, and retails personal mobility products in the accessibility (stairlifts, elevators, and platform lifts) and adapted vehicles (van conversions) segments. The company’s accessibility and adapted vehicles segments represent 84% and 16% of revenues respectively. In terms of global exposure, 54% of total revenues come from the US, 37% from Canada, and 9% internationally. Savaria has generated solid five‐year annual growth rates of 8.5% for revenue and 22.1% for EBITDA.

January 08, 2016
Savaria Corporation | Vasant Jain

High Arctic Energy Services (“High Arctic” or “HWO”) is an international oilfield services contractor with operations in Western Canada and Papua New Guinea (“PNG”). The company has a leading market position for contract drilling, well completion, and rental services in PNG, and is the market leader for snubbing services in Canada.

January 01, 2016
Christopher & Banks Corporation | Stephanie Mah

Christopher & Banks (CBK) is a middle-market women’s apparel retailer operating in 43 American states with over 500 stores. Targeting primarily plus-sized and petite women, CBK designs and sell its own label through both brick-and-mortar stores and an e-commerce website.

January 01, 2016
Corus Entertainment Inc. | James Sun

Corus Entertainment Inc. is a Canadian-based, vertically integrated broadcasting and media company with a diverse portfolio of television networks and radio stations. As a spin-off of Shaw Communications Inc., Corus began operations in 1999 using Shaw’s media assets. Corus owns 39 radio stations in densely populated, urban citiessuch as Vancouver, Edmonton, Montreal, and Toronto. Specialty television networks, subscriber services, three conventional channels, the content-creating brand Nelvana, and various other subsidiaries compose the television segment of Corus.

March 09, 2015
Exco Technologies Limited | James Stewart

Exco Technologies is a machine tools and accessories company that specialized in supplying technology to the die-cast, extrusion and automotive industries. The company supplies a wide range of automotive manufacturers including high and low end car companies.

February 08, 2015
LSB Industries, Inc. | Sam Wong

LSB Industries Inc. (LSB) is a US-based diversified holding company that specializes in chemical manufacturing of industrial acids and fertilizers and household heating and ventilation systems, along with secondary production in engineered products. The company sells most of its industrial and mining products to the world’s leading chemical and industrial companies mainly through contractual and pricing agreements. LSB capitalizes on its supply chain efficiencies and specific geographical clusters to help establish a dominant market presence in various segments.

January 30, 2015
Swedish Match | Walton Lim

Swedish Match AB (Swedish Match) is a vertically integrated tobacco products, matches, and lighters company based in Stockholm, Sweden. Swedish Match’s production facilities are located in six countries and its largest markets are Scandinavia (Norway, Denmark, and Sweden), the United States, and Brazil. The three main product divisions are described as “snus and moist snuff products,” “other tobacco products,” which are cigars and chewing tobacco, and “lights” which are matches and lighters. Snus and moist snuff products are the dominant contributors by a measure of sales and operating profit. Swedish snus is a unique product in the smokeless tobacco market. Snus (Swedish IPA: “snʉːs”), is a finely ground and unfermented tobacco product that is water pasteurized, packaged in small cellulose pouches (or kept loose), and sold in circular containers.

January 08, 2015
Lassonde Industries Inc. | Marcus Leung

Lassonde Industries Inc. is a manufacturer, developer, and marketer of ready-to-drink fruit and vegetable beverages as well as other specialty food products like broths and sauces. It also manufactures cider-based and wine-based beverages. The company has operations in two distinct segments, which are retail and food service.

January 06, 2015
Parametric Technology Corp. | Kayla Lee

Parametric Technology Corporation, otherwise known as PTC is a company that provides technology solutions to other businesses to improve the way they operate their products. PTC offers solutions in the form of software and service and operates in around 30 countries. They operate in several markets, of which include computer-aided design (CAD), product/application/service lifecycle management in addition to the growing Internet of Things (IoT). They are currently servicing over 28,000 customers across Asia, Europe and the Americas and impact several industries, including retail, medical device, aerospace and automotive. PTC has experienced steady revenue growth over the past decade, in part due to good business practices and a growing need for smart connected devices. PTC provides companies with the technological advantage they need to become more efficient and recognize their full growth potential.

January 06, 2015
Pure Technologies Ltd. | Nicholas Everett

Pure is a Canadian firm which develops technologies for the global markets of water, wastewater, oil and gas pipeline infrastructure, bridges, and other structures. Pure utilizes its technology pool, in tandem with proprietary software developments for the purpose of inspecting, monitoring, and managing infrastructure. The value in Pure’s business model is derived from the cost-savings of risk- averse infrastructure management – enabling municipalities and other clients to detect and remedy any future leaks, or potential breaks in their respective property before they occur. Traditional pipeline management methods are reactive, replacing pipe sections due primarily to age, or after a break has already occurred. Realistically, for any explanation other than general wear and tear, there only exists a correlation between age and pipeline integrity; damage is instead caused by pressure, above ground activity, ground conditions (acidity, soil contents), weather, and installation issues. Pure highlights that only 4% of water and wastewater pipe sections are in a distressed state, and that less that 1% of those sections require any immediate repair efforts. The consequences of pipe breaks are also significant. If, for example, a municipality were to face a water pipe burst, they risk the service interruption from compromised water quality, and subsequent flooding. Pure has successfully moved its tech offerings into the larger municipal markets of North American water and wastewater. The next stage of Pure’s strategy is to move their business into newer markets, spanning different pipe materials, smaller municipalities, and oil & gas pipelines

December 30, 2014
HealthStream, Inc | Richard Wong

HealthStream is a healthcare software service provider that was founded in 1990. Targeting hospitals around the United States, HealthStream aims to provide online services that will satisfy the training, certification and development needs as well as offer research to streamline competency and performance management.

December 30, 2014
Universal Display Corporation | Wilson Zhu

Universal Display Corporation (UDC) focuses on the research, development, and commercialization of organic light emitting diode (OLED) technology, as well as materials for use in electronic flat panel displays, lighting, and other opto-electronic devices.

December 28, 2014
Advantage Oil & Gas | Vasant Jain

Advantage Oil & Gas Ltd. (Advantage) is a pure play, upstream oil and gas exploration and production company with a focused asset base and operation in the Montney resource play at Glacier, Alberta. The current production breakdown of Advantage is 99% natural gas and 1% oil and NGLs.