Canadian Tire beats sales estimates in Q4 as consumers splurge on sports goods
Toronto-based Canadian Tire Corporation (CTC) reported better-than-expected fourth-quarter revenue, driven by a surge in spending on sporting goods, garden equipment and home decor during the Christmas season, along with higher fuel prices at its petrol stations.
Sign-in if you already subscribe to The Outdoor industry Compass.
Start your 30-day trial for just €9.90
Get access to what the top decision makers are reading in the outdoor industry.
- Analysis across Retail, Sustainability, Technology, Corporate and M&A, Financial Development, Market and Trends, Legal & Regulation, Trade & Sourcing and more
- Essential weekly E-mail Briefings with the latest analysis and most important industry developments
- Find inspiration to drive your business forward with our case studies and best practices on business opportunities
- Guest chronicles, C-Suite interviews, insights from industry experts and leaders that are shaping the future of the industry