Gains for Canadian Tire

Canadian Tire has announced its figures for the second quarter. They reveal that retail sales increased by 5.1 per cent over the same period last year to Can $ 1.800 bn (€ 1.116 bn). Growth of 2.2 per cent was achieved in like-for-like terms. According to the company, the product categories that made the greatest contribution to this growth were tools, barbecues, outdoor furniture, automobile care and accessories. EBIT amounts to Can $ 84.6 mio (€ 52.42 mio), or 22.1 per cent above last year’s level.