Canadian Tire Corp. has reported Q3 net income of $200.6 million, or $3.59 per share, reversing a loss of $27.8 million ($1.19) a year earlier. Revenues declined by 1.4 percent to $4.19 billion, beating estimates of $4.16 billion. Comp sales were 1.5 percent below the comparable period of last year but higher than in Q2. Canadian Tire Retail’s comp sales were down 2.2 percent.
Canadian Tire reverses Q3 loss
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