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Tag: CTC
Canadian Tire Posts Strong Q4 Earnings: Is the Stock a Buy?
Retail giant Canadian Tire (TSX:CTC.A) reported its fourth-quarter earnings on Thursday. Here are the key numbers for investors: Comparable Sales Growth Analyzing the numbers The quarterly numbers from Canadian Tire were encouraging in Q4, as the company generated comparable sales growth across its major brands. And this isn’t a particularly easy time to do that,… Read more
Canadian Tire Shows Resilience Amid Challenging Consumer Environment, Raises Dividend for 15th Straight Year
Canadian Tire Shows Resilience Amid Challenging Consumer Environment, Raises Dividend Quarterly Financial Performance Canadian Tire recorded Q3 revenue of $4.19 billion, down 1.4% year-over-year, reflecting conservative spending as consumers prioritize essentials over discretionary items. Net income for the quarter reached $200.6 million, or $3.59 per diluted share, a sharp rebound from a $66.4 million loss… Read more