Latest news with #CanlanSports
Associated Press
6 days ago
- Business
- Associated Press
Canlan Reports Q2 Revenue Growth and Expansion of Game Deck(TM)
Burnaby, British Columbia--(Newsfile Corp. - August 13, 2025) - Canlan Ice Sports Corp. (TSX: ICE) (the 'Corporation') today reported its financial results for the second quarter ended June 30, 2025. Overview of Q2 2025 Three Months and Six Months Ended June 30, 2025 Results [This table cannot be displayed. Please visit the source.] [This table cannot be displayed. Please visit the source.] Second Quarter Results (three months ended June 30, 2025 compared with three months ended June 30, 2024) Six Months Ended June 30, 2025 Results (six months ended June 30, 2025 compared with six months ended June 30, 2024) 'The first half of 2025 has been an exciting and productive time for Canlan Sports. Not only did we surpass both our prior year's performance and our internal targets for league registrations, but we also saw major strides in the realization of key strategic investments. From restaurant renovations and the launch of Game Deck to the expansion of our turf fields at Canlan Sports - Libertyville, our teams have worked tirelessly to enhance our facilities and customer experience. The early results have been encouraging, and we remain committed to elevating every touchpoint of our guests' journeys through these new amenities,' said Joey St-Aubin, President and CEO of Canlan Sports. Dividend Policy Canlan's Board of Directors has approved the continuation of the Corporation's quarterly dividend policy. As such, the Board declared eligible dividends totaling $0.03 per common share that will next be paid on October 15, 2025 to shareholders of record at the close of business September 30, 2025. Canlan's Board of Directors reviews the Corporation's dividend policy on a quarterly basis. Canlan's dividend is designated as an 'eligible' dividend under the Income Tax Act (Canada) and any corresponding provincial legislation. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits, which reduce income tax otherwise payable. Filings Canlan's financial statements and Management's Discussion & Analysis for the quarter ended June 30, 2025 will be available via SEDAR+ ( ) on or before August 14, 2025 and through the Company's website, About Canlan Canlan Sports is the North American leader in the operations and ownership of multi-purpose recreation and entertainment facilities. We are amongst the largest private sector owners and operators of recreation facilities in North America and currently own, lease and/or manage 15 facilities in Canada and the United States with 47 ice surfaces, as well as 10 indoor soccer fields, and 18 hard court surfaces. To learn more about Canlan please visit Canlan Ice Sports Corp. has proudly been listed on the Toronto Stock Exchange for over 35 years and the stock trades under the symbol 'ICE.' Caution concerning forward-looking statements This News Release may contain information that constitutes 'forward-looking' information within the meaning of applicable securities laws. Often, but not always, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects', 'is expected', 'budgets', 'scheduled', 'estimates', 'forecasts', 'predicts', 'projects', 'intends', 'targets', 'aims', 'anticipates' or 'believes' or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, anticipated benefits of capital expenditures (including energy efficiencies and enhanced customer experiences) and expectations of business growth. Forward-looking information is based on the reasonable assumptions, estimates, analyses, beliefs and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable at the date that such information is disclosed. Forward-looking information is subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Canlan to control or predict, that may cause Canlan's actual results, performance or achievements to be materially different from those expressed or implied thereby. Material risk factors that could cause actual results to differ materially from the forward-looking information provided herein include those factors identified in Canlan's public disclosure file available at in particular, the risk factors set out under the heading 'Risk Factors' in the Company's MD&A available for review on the Company's profile at Such forward-looking information represents management's best judgment based on information currently available. Accordingly, readers are advised not to place undue reliance on forward-looking information. The forward-looking information herein is made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable securities law. For more information: Canlan Ice Sports Corp. Ivan Wu CFO 604 736 9240 1 Operating earnings is defined as earnings after general and administrative expenses and before interest, depreciation, foreign currency exchange, gain on assets sold and income tax. However, operating earnings is not a term that has specific meaning in accordance with IFRS, and may be calculated differently by other companies. Canlan reconciles operating earnings to its net earnings. To view the source version of this press release, please visit
Associated Press
12-05-2025
- Business
- Associated Press
Canlan Sports Reports Q1 Record Revenue and Continues Quarterly Dividend
Burnaby, British Columbia--(Newsfile Corp. - May 12, 2025) - Canlan Ice Sports Corp. (TSX: ICE) (the 'Corporation', 'Canlan' or 'Canlan Sports') today reported its financial results for the first quarter ended March 31, 2025. Overview of Q1 2025 'It's exciting to see the strong momentum from 2024 carry into the first quarter of 2025, with overall revenue up 7% and food and beverage sales climbing 10%, driven by growing participation in our leagues, party bookings, and sports simulators,' said Joey St-Aubin, President and CEO of Canlan Sports. 'These results are a testament to the power of community and the strength of our brand, but they also reflect the strides we've made in transforming the way we serve our customers.' 'As a follow up from our February news release, the dialogue initiated through Canlan's She Plays Hockey committee so far, has been very engaging and has sparked a movement that we believe will be very productive for the long-term vision of girls' and women's participation in hockey. In addition, our recent digital improvements are starting to simplify how guests interact with us, from smoother registration processes to more relevant program suggestions, making it easier and more convenient for them to stay connected. The expansion of our indoor fields at Canlan Libertyville in 2024 was another example of listening to our communities and investing to meet their needs. The demand for indoor soccer during the fall and winter exceeded expectations, and we're now also seeing strong engagement on the ice side heading into spring and summer with hockey league registrations tracking well. With our tournament division preparing for another busy season, we're excited about what lies ahead as we continue to innovate and elevate the Canlan Sports experience for every guest.' 'In addition to on-ice and field operations, we're moving forward with a number of important capital and maintenance projects that will help shape the future of our facilities,' added the Company's CFO, Ivan Wu. 'These projects include the anticipated completion of our first significant roof remediation program and critical life-cycle equipment replacements aimed at creating energy efficiencies and improving ice quality across our sports complexes. A number of technology-related projects are also in progress to drive process efficiencies and enhance user experience.' First Quarter Results [This table cannot be displayed. Please visit the source.] First Quarter Results (three months ended March 31, 2025 compared with three months ended March 31, 2024) Dividend Policy Canlan's Board of Directors has approved the continuation of the Corporation's quarterly dividend policy. As such, the Board declares eligible dividends totaling $0.03 per common share that will next be paid on July 15, 2025 to shareholders of record at the close of business on June 30, 2025. Canlan's Board of Directors reviews the Corporation's dividend policy on a quarterly basis. Canlan's dividend is designated as an 'eligible' dividend under the Income Tax Act (Canada) and any corresponding provincial legislation. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits, which reduce income tax otherwise payable. Filings Canlan's financial statements and Management's Discussion & Analysis for the quarter ended March 31, 2025 will be available via SEDAR Plus ( ) on or before May 15, 2025 and through the Company's website, About Canlan Canlan Sports is the North American leader in the operations and ownership of multi-purpose recreation and entertainment facilities. We are amongst the largest private sector owners and operators of recreation facilities in North America and currently own, lease and/or manage 15 facilities in Canada and the United States with 47 ice surfaces, as well as 10 indoor soccer fields, and 18 hard court surfaces. To learn more about Canlan please visit Canlan Ice Sports Corp. has proudly been listed on the Toronto Stock Exchange for over 35 years and the stock trades under the symbol 'ICE.' Caution concerning forward-looking statements This News Release may contain information that constitutes 'forward-looking' information within the meaning of applicable securities laws. Often, but not always, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects', 'is expected', 'budgets', 'scheduled', 'estimates', 'forecasts', 'predicts', 'projects', 'intends', 'targets', 'aims', 'anticipates' or 'believes' or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, anticipated benefits of capital expenditures (including energy efficiencies and enhanced customer experiences) and expectations of business growth. Forward-looking information is based on the reasonable assumptions, estimates, analyses, beliefs and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable at the date that such information is disclosed. Forward-looking information is subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Canlan to control or predict, that may cause Canlan's actual results, performance or achievements to be materially different from those expressed or implied thereby. Material risk factors that could cause actual results to differ materially from the forward-looking information provided herein include those factors identified in Canlan's public disclosure file available in particular, the risk factors set out under the heading 'Risk Factors' in the Company's MD&A available for review on the Company's profile Such forward-looking information represents management's best judgment based on information currently available. Accordingly, readers are advised not to place undue reliance on forward-looking information. The forward-looking information herein is made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable securities law. For more information: Canlan Ice Sports Corp. Ivan Wu CFO 604 736 9152 1 Operating earnings is defined as earnings after general and administrative expenses and before interest, depreciation, foreign currency exchange, gain on assets sold and income tax. However, operating earnings is not a term that has specific meaning in accordance with IFRS, and may be calculated differently by other companies. Canlan reconciles operating earnings to its net earnings. To view the source version of this press release, please visit
Associated Press
11-02-2025
- Business
- Associated Press
Canlan Sports Launches She Plays Hockey Committee to Increase Participation of Girls and Women in Hockey
Toronto, Ontario--(Newsfile Corp. - February 11, 2025) - Canlan Ice Sports Corp. (TSX: ICE) ('Canlan Sports' or 'Canlan') announced an advisory committee to help increase its presence and support for girls' and women's hockey. Canlan Sports has formed the She Plays Hockey Committee, which brings together a passionate group of experts, stakeholders and community members, to address key issues that impact girls and women's hockey. The committee's objectives include assessing the current state of girls and women's hockey at Canlan Sports which will lead to formal recommendations to guide Canlan in growing female participation in ice hockey at its facilities and more broadly in Canada. 'We are thrilled to introduce She Plays Hockey, as creating a sports community, where everyone can connect and play, is at the core of our brand purpose.' said Joey St-Aubin, President & CEO, of Canlan Sports. 'Canlan Sports has always been a leader in hockey, and we seek to create an environment at our sports complexes where girls and women can thrive within the Canlan Sports ecosystem. We continue to leverage insights from our customers, our partners and now this powerful committee, and have appointed Candace Kourounis as a dedicated Girls and Women Hockey Specialist & Manager to coordinate our efforts in this regard.' The advisory committee comprises seven experienced and passionate stakeholders: 'Supporting the growth of girls and women's hockey at Canlan Sports is a priority for our board, and we are confident that insights from the She Plays Hockey advisory committee shall be a tremendous benefit to our organization' said Victor D'Souza, Canlan's Chairman of the Board. For more information about the She Plays Hockey Committee and its initiatives, please visit About Canlan Sports Canlan Sports is a brand that exists to create a world where everyone can connect and play. Our vision: To be gamechangers, always pushing the boundaries to inspire every recreational sport enthusiast to love the game. Canlan Sports is the leading owner, operator and investor in the multi-sport recreation sector committed to creating sports communities that change lives for the better. Through our portfolio of partnerships, Canlan Sports is the largest private sector owner and operator of recreational sports surfaces with 16 sports complexes and over 70 playing surfaces across Canada and the US, offering a wide array of ice, court and turf experiences. To learn more, please visit us at Caution concerning forward-looking information This News Release may contain information that constitutes 'forward-looking' information within the meaning of applicable securities laws. Often, but not always, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects', 'is expected', 'budgets', 'scheduled', 'estimates', 'forecasts', 'predicts', 'projects', 'intends', 'targets', 'aims', 'anticipates' or 'believes' or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions 'may', 'could', 'shall', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, anticipated benefits of recommendations and expectations of business growth. Forward-looking information is based on the reasonable assumptions, estimates, analyses, beliefs and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable at the date that such information is disclosed. Forward-looking information is subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Canlan to control or predict, that may cause Canlan's actual results, performance or achievements to be materially different from those expressed or implied thereby. Material risk factors that could cause actual results to differ materially from the forward-looking information provided herein include those factors identified in Canlan's public disclosure file available at and, in particular, the risk factors set out under the heading 'Risk Factors' in the Company's MD&A available for review on the Company's profile at . Such forward-looking information represents management's best judgment based on information currently available. Accordingly, readers are advised not to place undue reliance on forward-looking information. The forward-looking information herein is made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable securities law.
Yahoo
11-02-2025
- Business
- Yahoo
Canlan Sports Launches She Plays Hockey Committee to Increase Participation of Girls and Women in Hockey
Toronto, Ontario--(Newsfile Corp. - February 11, 2025) - Canlan Ice Sports Corp. (TSX: ICE) ("Canlan Sports" or "Canlan") announced an advisory committee to help increase its presence and support for girls' and women's hockey. Canlan Sports has formed the She Plays Hockey Committee, which brings together a passionate group of experts, stakeholders and community members, to address key issues that impact girls and women's hockey. The committee's objectives include assessing the current state of girls and women's hockey at Canlan Sports which will lead to formal recommendations to guide Canlan in growing female participation in ice hockey at its facilities and more broadly in Canada. "We are thrilled to introduce She Plays Hockey, as creating a sports community, where everyone can connect and play, is at the core of our brand purpose." said Joey St-Aubin, President & CEO, of Canlan Sports. "Canlan Sports has always been a leader in hockey, and we seek to create an environment at our sports complexes where girls and women can thrive within the Canlan Sports ecosystem. We continue to leverage insights from our customers, our partners and now this powerful committee, and have appointed Candace Kourounis as a dedicated Girls and Women Hockey Specialist & Manager to coordinate our efforts in this regard." The advisory committee comprises seven experienced and passionate stakeholders: Emily Clark, Olympic & World Champion and PWHL Ottawa Charge forward Chantalle Butler, President of Molson Coors Canada Brenda Andress, Founder of SheIS Sports and SheIS Sports Network Kelley Lee, Professor at Simon Fraser University, Canada Research Chair Tier 1 in Global Health Governance, Health Sciences Amrit Gill, Broadcaster Producer - Maple Leaf Sports & Entertainment Partnership and Co-Founder - Tell A Story. Tracy Robert, Board Director of Ontario Hockey Federation, Board Chair Black Girl Hockey Club Canada Madison Danford, PhD Student at Queen's University, School of Kinesiology and Health Studies "Supporting the growth of girls and women's hockey at Canlan Sports is a priority for our board, and we are confident that insights from the She Plays Hockey advisory committee shall be a tremendous benefit to our organization" said Victor D'Souza, Canlan's Chairman of the Board. For more information about the She Plays Hockey Committee and its initiatives, please visit About Canlan Sports Canlan Sports is a brand that exists to create a world where everyone can connect and play. Our vision: To be gamechangers, always pushing the boundaries to inspire every recreational sport enthusiast to love the game. Canlan Sports is the leading owner, operator and investor in the multi-sport recreation sector committed to creating sports communities that change lives for the better. Through our portfolio of partnerships, Canlan Sports is the largest private sector owner and operator of recreational sports surfaces with 16 sports complexes and over 70 playing surfaces across Canada and the US, offering a wide array of ice, court and turf experiences. To learn more, please visit us at Caution concerning forward-looking information This News Release may contain information that constitutes "forward-looking" information within the meaning of applicable securities laws. Often, but not always, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "shall", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, anticipated benefits of recommendations and expectations of business growth. Forward-looking information is based on the reasonable assumptions, estimates, analyses, beliefs and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable at the date that such information is disclosed. Forward-looking information is subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Canlan to control or predict, that may cause Canlan's actual results, performance or achievements to be materially different from those expressed or implied thereby. Material risk factors that could cause actual results to differ materially from the forward-looking information provided herein include those factors identified in Canlan's public disclosure file available at and, in particular, the risk factors set out under the heading "Risk Factors" in the Company's MD&A available for review on the Company's profile at Such forward-looking information represents management's best judgment based on information currently available. Accordingly, readers are advised not to place undue reliance on forward-looking information. The forward-looking information herein is made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable securities law. Media Contact:Liana GuiryVice President, Sales, Marketing and Customer ExperienceCanlan Sportslguiry@ To view the source version of this press release, please visit Sign in to access your portfolio
