Canadian Tire - Oh Canada! (Rating Upgrade)

  • Canadian Tire's Q1 results show a 4.7% increase in consolidated comparable sales and a 4.0% rise in retail revenue, despite economic and tariff challenges. Normalized Diluted EPS for Q1 was $2.18, up $0.80, driven by growth across all categories and brands, including SportChek and Marks. Diluted EPS was $0.67, down $0.71, due to increased expenditure on the 'True North' strategic initiatives and the exit of the Helly Hansen business.