RECP.TO - Recipe Unlimited Corporation

Toronto - Toronto Delayed Price. Currency in CAD
25.52
+0.07 (+0.28%)
At close: 3:59PM EDT
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Previous Close25.45
Open25.77
Bid25.26 x 0
Ask25.61 x 0
Day's Range25.40 - 25.78
52 Week Range23.61 - 31.22
Volume7,666
Avg. Volume13,890
Market Cap1.549B
Beta (3Y Monthly)0.62
PE Ratio (TTM)22.79
EPS (TTM)1.12
Earnings DateN/A
Forward Dividend & Yield0.45 (1.75%)
Ex-Dividend Date2019-08-29
1y Target Est30.40
  • CNW Group

    Recipe Unlimited Announces Implementation and Terms of $125 Million Substantial Issuer Bid

    VAUGHAN, ON, Aug. 14, 2019 /CNW/ - Recipe Unlimited Corporation (formerly Cara Operations) (TSX: RECP, "Recipe" or the "Company") announces today that its Board of Directors has authorized a substantial issuer bid (the "Offer") to purchase for cancellation a number of subordinate voting shares of the Company (the "Shares") for an aggregate purchase price not exceeding $125 million. The Offer will expire at 5:00 p.m. (Toronto time) on September 20, 2019 (the "Expiry Date"), unless extended, varied or withdrawn by Recipe. The Offer Documents are expected to be mailed to shareholders, filed with applicable Canadian securities regulatory authorities and made available without charge on SEDAR at www.sedar.com, as well as being posted on the Company's website at www.recipeunlimited.com promptly.

  • Thomson Reuters StreetEvents

    Edited Transcript of RECP.TO earnings conference call or presentation 9-Aug-19 1:00pm GMT

    Q2 2019 Recipe Unlimited Corp Earnings Call

  • Does Recipe Unlimited Corporation (TSE:RECP) Create Value For Shareholders?
    Simply Wall St.

    Does Recipe Unlimited Corporation (TSE:RECP) Create Value For Shareholders?

    Today we'll look at Recipe Unlimited Corporation (TSE:RECP) and reflect on its potential as an investment...

  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,341.34, down 63.19 points).Bombardier Inc. (TSX:BBD.B). Industrials. Down five cents, or 2.69 per cent, to $1.81 on 7.3 million shares.B2Gold Corp. (TSX:BTO). Materials. Down 17 cents, or 3.38 per cent, to $4.86 on 6.6 million shares.Encana Corp. (TSX:ECA). Energy. Up 11 cents, or 1.97 per cent, to $5.69 on 6.4 million shares.CannTrust Holdings Inc. (TSX:TRST). Health care. Up $1.22, or 40.80 per cent, to $4.21 on 5.6 million shares.New Gold Inc. (TSX:NGD). Materials. Down 17 cents, or 9.88 per cent, to $1.55 on 5.5 million shares.First Quantum Minerals Ltd. (TSX:FM). Materials. Down 72 cents, or 6.99 per cent, to $9.58 on 5.2 million shares.Companies in the news:Inter Pipeline Ltd. (TSX:IPL). Up $1.17, or 4.95 per cent to $24.81. Inter Pipeline confirmed Friday afternoon it received a "proposal" to purchase the company, in a statement issued at the behest of regulators a few hours after executives refused to discuss the matter on a conference call with analysts. At 3 p.m. EDT, about an hour after its stock was halted from trading pending news, the Calgary-based midstream company issued a brief statement in response to a request from the Investment Industry Regulatory Organization of Canada, or IIROC, confirming the offer had been made, but giving no details about the date, price or the identity of the bidder.CannTrust Holdings Inc. — CannTrust Holdings Inc. shares surged more than 40 per cent Friday after initially falling on the company's announcement that its independent outside auditor has withdrawn its endorsement of the company's 2018 financial statements, the latest fallout from recent revelations about illicit grow rooms at the Ontario-based cannabis producer. Accounting firm KPMG LLP has withdrawn its March 27 report on 2018 financial results and an interim report for the three months ended Mar. 31, 2019 and declared that the audited results can't be relied upon as accurate, the marijuana grower said Friday in statement from Vaughan, Ont.Recipe Unlimited Corp. (TSX:RECP). Down 76 cents or $2.83 per cent to $26.09. Recipe Unlimited shares fell in response to weaker quarterly results despite management committing to pursue more strategic acquisitions and return more capital to its shareholders through stock buybacks and dividends. The company — which owns a wide range of restaurant brands including Swiss Chalet, Harvey's, East Side Mario's, Kelseys and Milestones — made the commitment as it reported lower second-quarter sales and profit. Total system sales at all locations dropped to $871.3 million from $874.2 million in last year's second quarter — despite having five additional restaurants — due to a slow start to the patio season and competitor discounting.Hydro One Ltd. (TSX:H). Down three cents to $23.62. Hydro One Ltd.'s second-quarter profit fell by nearly 23 per cent from last year to $155 million as the electricity utility experienced higher weather-related costs for vegetation control and storm-related power restoration. The Toronto-based company — which operations most of Ontario's power grid — says its net earnings attributable to shareholders dropped to 26 cents per share from 34 cents per share when Hydro One had $200 million in net income. Adjusted net income was also 26 cents per share, down from 32 cents per diluted share in the second quarter of 2018. The Canadian Press

  • Slow start to patio season, competitor discounting hit Recipe Unlimited's Q2 sales
    The Canadian Press

    Slow start to patio season, competitor discounting hit Recipe Unlimited's Q2 sales

    VAUGHAN, Ont. — Shares of Recipe Unlimited Corp. are down in response to weaker quarterly results despite management committing to pursue more strategic acquisitions and return more capital to its shareholders through stock buybacks and dividends.The company — which owns a wide range of restaurant brands including Swiss Chalet, Harvey's, East Side Mario's, Kelseys and Milestones — made the commitment as it reported lower second-quarter sales and profit.Total system sales at all locations dropped to $871.3 million from $874.2 million in last year's second quarter — despite having five additional restaurants — due to a slow start to the patio season and competitor discounting.Recipe Unlimited's gross revenue, generated by sales at its own restaurants and fees received for services provided to franchise restaurants, increased to $311.9 million from $309.5 million as five locations were added to its portfolio.Net income was $16.6 million (26 cents per diluted share), down from $19.5 million (30 cents), while adjusted net earnings fell to $23.5 million (37 cents per diluted share) from $24.4 million (38 cents).Analysts had estimated $337.98 million of revenue and 35 cents per share of adjusted earnings, according to financial markets data firm Refinitiv.Recipe's shares were down $1.54 or 5.7 per cent at $25.31 in morning trading on the Toronto Stock Exchange. Companies in this story: (TSX:RECP)The Canadian Press

  • CNW Group

    Recipe Unlimited Corporation declares second quarter dividend of 11.21 cents per share

    VAUGHAN, ON , Aug. 8, 2019 /CNW/ - The Board of Directors of Recipe Unlimited Corporation (TSX: RECP.TO) ("Recipe" or the "Company" and formerly Cara Operations Limited) has declared ...

  • CNW Group

    Recipe Unlimited reports Q2 2019 results - strong Operating EBITDA and Free Cash Flow

    VAUGHAN, ON , Aug. 8, 2019 /CNW/ - Recipe Unlimited Corporation (formerly Cara Operations) reported financial results today for the 13 and 26 weeks ending June 30, 2019 . "In the second quarter, Operating ...

  • Why Recipe Unlimited Corporation's (TSE:RECP) High P/E Ratio Isn't Necessarily A Bad Thing
    Simply Wall St.

    Why Recipe Unlimited Corporation's (TSE:RECP) High P/E Ratio Isn't Necessarily A Bad Thing

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...

  • 2 Delicious Dividend Stocks That Pay Up to 7.9%
    The Motley Fool

    2 Delicious Dividend Stocks That Pay Up to 7.9%

    Boston Pizza Royalties Income Fund (TSX:BPF.UN) and this other dividend stock can deliver some good, recurring cash flow for investors.

  • CNW Group

    Recipe Unlimited to Release 2019 Second Quarter Results

    VAUGHAN, ON , July 4, 2019 /CNW/ - Recipe Unlimited Corporation (formerly Cara Operations) will be releasing 2019 second quarter financial results on SEDAR ( www.SEDAR.com ) after the close of markets ...

  • Does Recipe Unlimited Corporation (TSE:RECP) Have A Particularly Volatile Share Price?
    Simply Wall St.

    Does Recipe Unlimited Corporation (TSE:RECP) Have A Particularly Volatile Share Price?

    Anyone researching Recipe Unlimited Corporation (TSE:RECP) might want to consider the historical volatility of the...

  • Baystreet

    Stocks in play: Recipe Unlimited Corporation

    Announced today that the Toronto Stock Exchange has approved its notice of intention to make a normal ...

  • CNW Group

    Recipe Announces Intention to Implement Normal Course Issuer Bid

    VAUGHAN, ON, June 20, 2019 /CNW/ - Recipe Unlimited Corporation ("Recipe") (TSX:RECP.TO - News) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for its subordinate voting shares (the "Shares") as appropriate opportunities arise from time to time.  Recipe's NCIB will be made in accordance with the policies of the TSX.  Recipe may purchase its Shares for cancellation during the period from June 24, 2019 to June 23, 2020. Pursuant to the notice and subject to the market price of its Shares and other considerations, Recipe may acquire over the next 12 months up to 1,822,329 Shares, representing 10% of the public float of 18,223,293.

  • Recipe Unlimited Corporation (TSE:RECP) Insiders Increased Their Holdings
    Simply Wall St.

    Recipe Unlimited Corporation (TSE:RECP) Insiders Increased Their Holdings

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

  • Thomson Reuters StreetEvents

    Edited Transcript of RECP.TO earnings conference call or presentation 10-May-19 1:00pm GMT

    Q1 2019 Recipe Unlimited Corp Earnings Call

  • TFSA Investors: This Food Service Company Is a Perfect Long-Term Investment
    The Motley Fool

    TFSA Investors: This Food Service Company Is a Perfect Long-Term Investment

    Recipe Unlimited Corp (TSX:RECP) has posted impressive growth, but its stock hasn't been rewarded.

  • Should Recipe Unlimited Corporation (TSE:RECP) Be Part Of Your Dividend Portfolio?
    Simply Wall St.

    Should Recipe Unlimited Corporation (TSE:RECP) Be Part Of Your Dividend Portfolio?

    Today we'll take a closer look at Recipe Unlimited Corporation (TSE:RECP) from a dividend investor's perspective...

  • 2 Stocks That Could Soar on the Beyond Meat (NYSE:BYND) Hype
    The Motley Fool

    2 Stocks That Could Soar on the Beyond Meat (NYSE:BYND) Hype

    You don't have to invest in Beyond Meat Inc (NASDAQ:BYND) to take advantage of the latest health craze. These two foods stocks could see a lot of growth from offering plant-based patties.

  • CNW Group

    Recipe Unlimited reports Q1 2019 total System Sales growth of 12.5%, Operating EBITDA grows 8.4%

    VAUGHAN, ON , May 9, 2019 /CNW/ - Recipe Unlimited Corporation (formerly Cara Operations) reported financial results today for the 13 weeks ending March 31, 2019 . "In the first quarter, System Sales ...

  • CNW Group

    Recipe Unlimited declares first quarter dividend of 11.21 cents per share

    VAUGHAN, ON , May 9, 2019 /CNW/ - The Board of Directors of Recipe Unlimited Corporation (TSX: RECP.TO) ("Recipe" or the "Company" and formerly Cara Operations Limited) has declared ...

  • These 3 Stocks Will Provide Lifelong Income
    The Motley Fool

    These 3 Stocks Will Provide Lifelong Income

    You can count on Royal Bank of Canada (TSX:RY)(NYSE:RY) and Canadian Apartment Properties REIT (TSX:CAR.UN) to provide income for a very long time.

  • CNW Group

    Recipe Unlimited announces $250 million placement of 10-year senior secured notes and extension of its existing $550 million syndicated bank credit facility

    The Company is issuing the 10-year Notes in order to secure long-term capital at favourable terms.  The Notes have a fixed coupon and will bear interest from their date of issue at a rate of 4.719% per annum, payable semi-annually, and will mature on May 1, 2029 (a 10-year term). The Company will use the net proceeds of the Notes offering to reduce current borrowings under the Company's existing credit facility.

  • What Kind Of Shareholders Own Recipe Unlimited Corporation (TSE:RECP)?
    Simply Wall St.

    What Kind Of Shareholders Own Recipe Unlimited Corporation (TSE:RECP)?

    The big shareholder groups in Recipe Unlimited Corporation (TSE:RECP) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies...