Canadian Tire stores enjoy healthy Q3

TORONTO — Canadian Tire has turned in a strong third quarter, with the Canadian Tire Retail business enjoying a retail sales rise of 2.4%. Comp sales for CTR increased 2.2%. Consolidated retail sales across the entire company were up 4.4% in the third quarter. Excluding Petroleum, consolidated retail sales were up 2.6% over the same period last year. Consolidated comparable sales rose 2.5%.