Canadian Tire Corp. said this week comp sales at the Canadian Tire banner edged down by 0.1 percent, while overall comp sales rose by 0.3 percent. Net income of $562.6 million ($9.13 per share) was up from $535.7 million ($8.40) a year earlier. Revenue for the period rose by 3.9 percent to $5.3 billion. During the quarter, which includes the holiday shopping rush, consumers continued to limit spending on non-essential items.
Canadian Tire reports flat comp sales
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