TORONTO — Canadian Tire’s profits for the fourth quarter jumped 17%, buoyed by sales of sporting equipment and winter clothing, Reuters reports. The company’s net income rose to $191 million, or $2.32 per share, from C$162.8 million a year earlier. Same-store sales at the company’s Canadian Tire outlets rose 4% in the quarter. Consolidated retail sales increased 5.5% to $3.98 billion in the quarter.
Canadian Tire profits soar
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024