Canadian Tire Corp Ltd
CTC.A
ISIN null / Valor 682672
Canadian Tire Corp Ltd
UMushroom community rating:
About company
Canadian Tire Corporation Ltd. is a prominent Canadian retail company that operates a diverse range of businesses, including Canadian Tire, Mark’s, and SportChek. The company is known for its extensive retail offerings, which encompass automotive, hardware, sports, leisure, and home products. Canadian Tire has a significant presence in the Canadian market, with a focus on providing a comprehensive shopping experience through both physical stores and eCommerce platforms. The company is structured to leverage centralized processes and cross-banner efficiencies, aiming to deliver a unified and customer-centric market strategy. Canadian Tire also emphasizes technological advancements, with a strong focus on digital transformation, cybersecurity, and data analytics to enhance its operations and customer engagement. The corporation has expanded its portfolio through strategic acquisitions, such as the integration of Party City’s Canadian business, further solidifying its position as a leading retailer in Canada.
Summarized from source with an LLMView SourceSector: Non-Energy MaterialsLatest Results (30.09.2025):
Canadian Tire Corp Ltd reported strong financial results for the first quarter of 2025, demonstrating robust sales growth and successful implementation of its new True North strategy. Consolidated comparable sales increased by 4.7%, and retail revenue rose by 4.0%. While diluted earnings per share decreased compared to the previous year, normalized earnings showed significant improvement, highlighting the company's effective management and strategic initiatives.
Sales Growth
In Q1 2025, Canadian Tire Corp Ltd achieved consolidated comparable sales growth of 4.7% and retail sales up by 5.1%. Increased customer traffic across all banners, particularly in Ontario, Quebec, and Eastern Canada, drove this positive performance.
Segment Performance
Each retail division showed strong results: Canadian Tire Retail saw a 4.7% increase in comparable sales, SportChek grew by 6.3%, and Mark's posted a 2.2% rise. Seasonal weather-related categories and auto parts were top performers, contributing significantly to overall sales growth.
Earnings and Profitability
Normalized diluted earnings per share (EPS) reached $2.18, up by $0.80 from the prior year, reflecting improved profitability on a continuing operations basis. However, overall diluted EPS decreased to $0.67 due to factors including discontinued operations and strategic expenses.
True North Strategy
The launch of the True North strategy marked a transformative phase for Canadian Tire Corp Ltd, with over $2 billion in capital investments aimed at enhancing digital and store experiences, expanding the Triangle Rewards program, and improving operational efficiency. Key initiatives include new store formats and strategic partnerships with RBC and WestJet.
Loyalty Program Expansion
Loyalty penetration increased by 132 basis points, reaching 54.5% of retail sales. The expansion of the Triangle Rewards system through new partnerships is expected to drive further member engagement and sales growth.
Capital Allocation
Canadian Tire Corp Ltd declared a quarterly dividend of $1.775 per share, payable on September 1, 2025, reflecting the company's commitment to returning value to shareholders amidst its growth and investment strategies.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
6370 M
Market cap (USD)
87,789
Daily traded volume (Shares)
152.65 / 151.47
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
