Sector: Consumer Cyclicals | Industry: Department Stores |
Company Contact | |
Address: | 2180 Yonge Street TORONTO ON M4P 2V8 |
Tel: | N/A |
Website: | https://corp.canadiantire.ca/English/home/default.aspx |
IR: | See website |
Key People | ||
Gregory Hicks President, Chief Executive Officer, Director | Gregory Craig Executive Vice President, Chief Financial Officer | Thomas J. Flood President - Canadian Tire Retail |
Aayaz Pira President - Canadian Tire Financial Services | Johnathan Edward Pershing Chief Human Resource Officer, Executive Vice President | James R. Christie Executive Vice President - CTC, Strategic Advisor, General Counsel | Susan M. O'Brien Chief Brand and Customer Officer |
Business Overview |
Canadian Tire Corporation, Limited is a Canada-based retail goods and services provider. The Company operates through three segments: Retail, Financial Services, and CT REIT. The Retail segment is conducted under a range of banners, including Canadian Tire, Canadian Tire Gas, Mark's, PartSource, Helly Hansen, Party City in Canada and various SportChek banners. The Financial Services segment issues Canadian Tire's Triangle branded credit cards, including Triangle Mastercard, Triangle World Mastercard and Triangle World Elite Mastercard. Financial Services also offers Cash Advantage Mastercard and Gas Advantage Mastercard products and provides settlement services to the Company's affiliates. CT REIT is a closed-end real estate investment trust and holds a geographically diversified portfolio of properties, mainly comprising Canadian Tire banner stores, Canadian Tire-anchored retail developments, mixed-use commercial property, and industrial properties. |
Financial Overview |
For the fiscal year ended 30 December 2023, Canadian Tire Corporation Ltd revenues decreased 6% to C$16.66B. Net income decreased 80% to C$213.3M. Revenues reflect Retail segment decrease of 8% to C$15.17B, Comp. Store Sales (Growth - %) - Mark's decrease from 9.6 to -1.9%, Retail Sales- Canadian Tire decrease of 10% to C$8.7B. Net income also reflects Personnel expenses increase of 6% to C$1.68B (expense). |
Employees: | 14,322 as of Dec 30, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $16,345M as of Dec 30, 2023 |
Annual revenue (TTM): | $16,657M as of Dec 30, 2023 |
EBITDA (TTM): | $2,045M as of Dec 30, 2023 |
Net annual income (TTM): | $213.30M as of Dec 30, 2023 |
Free cash flow (TTM): | $324.30M as of Dec 30, 2023 |
Net Debt Last Fiscal Year: | $8,350M as of Dec 30, 2023 |
Shares outstanding: | 55,621,189 as of Dec 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |