Canadian Tire Ord Shs T.CTC

Alternate Symbol(s): CDNAF | T.CTC.A | CDNTF

Consumer Cyclical Department Stores

Canadian Tire Corporation, Limited is a Canada-based retail goods and services provider. It operates through three segments: Retail, Financial Services, and CT REIT. The Retail segment is conducted under a number of banners, including Canadian Tire, Canadian Tire Gas+ (Petroleum), Mark’s, PartSource, Helly Hansen, Party City in Canada, and various SportChek banners. The Financial Services segment issues Canadian Tire's Triangle brand credit cards, including Triangle Mastercard and Triangle World Elite Mastercard. Financial Services also offers Cash Advantage Mastercard and Gas Advantage Mastercard products, markets insurance products, and provides settlement services to the Company’s affiliates. The CT REIT segment is a closed-end real estate investment trust. CT REIT holds a geographically diversified portfolio of properties in Canada, mainly comprising Canadian Tire banner stores, Canadian Tire anchored retail developments, mixed-use commercial property, and industrial properties.

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Post by Betteryear2on Nov 11, 2021 7:51pm

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Post# 34117602

Delivers Strong Third Quarter Comparable Sales

Diluted Earnings Per Share (EPS) was $3.97; normalized diluted EPS was $4.20 per share
Consolidated comparable sales were up 3.3% vs 2020 and up 21% vs 2019
Annual dividend to be increased 10.6% to $5.20 per share, reflecting 12 years of consecutive increases, and share buybacks resumed with intention to repurchase up to $400 million Class A Shares

TORONTO, Nov. 11, 2021 /CNW/ - Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) today released its third quarter results for the period ended October 2, 2021.