Second Cup Ltd.'s (SCU.TO) net income was C$842 thousand or C$0.09 per share, compared to C$1.545 million or C$0.16 per share in 2011. The reduction in net income of C$703 was mainly due to the C$357 thousand decline in EBITDA and a deferred income tax expense of C$458 thousand as a result of an increase in the future tax rates.
Same café sales decline of 1.5% in the quarter.
Total revenues for the quarter were C$6.175 million, up from C$6.072 million last year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.