Growth for Canadian Tire

18.11.2005

The retail outlets recorded sales up by 3.9 per cent in the third quarter

In the third quarter Canadian Tire achieved retail sales of Can $ 1.667 bn (€ 1.194 bn). This amounts to growth of 3.9 per cent over the same period last year, or 2.2 per cent like-for-like.
Earnings before tax are put at Can $ 86.1 mio (€ 61.7 mio), which corresponds to an increase of 20.9 per cent. Retail sales rose by 4.2 per cent to Can $ 4.790 bn (€ 3.431 bn) in the first nine months, and earnings before tax were up by 4.8 per cent to Can $ 203.3 mio (€ 145.61 mio). At the end of the reporting period the company numbered 459 outlets.
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