Canadian Tire posts Q3 earnings boost

TORONTO — Canadian Tire Corp. saw earnings climb by 0.4% to $198.5 million, compared to $197.8 million in Q3 of last year. Total revenues of $3.3 billion were 5.4% higher than last year’s $3.13 billion. Retail segment revenue increased by $155.8 million (5.5%) or 4.5% excluding petroleum. Canadian Tire Retail saw retail sales increase 5.3% while same store sales rose by 4.7%.