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More Trouble for TD and Apple’s Slowing Sales

Published 2024-05-09, 09:08 a/m
In this episode of The Canadian Investor Podcast, we tackle recent news and earnings.
We start by looking at BCE’s most recent quarter and if BCE (TSX:BCE) is on track to meet its guidance and continue increasing its dividend for years to come.
Then we turn to TD Bank (TSX:TD) which is currently entangled in a U.S.-led anti-money laundering investigation linked to alleged illicit activities by Chinese drug traffickers. With potential fines looming and a significant underperformance compared to peers, TD faces a precarious future.
RBI on the other hand reported solid sales growth driven primarily by Tim Hortons, despite mixed results across the rest of its brand portfolio.
We finish the episode by going over Apple’s recent quarter in which it saw its sales drop more than 4% and talking about Starbucks (NASDAQ:SBUX) which also saw a sales decline.

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