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Canadian Tire Corporation, Limited (T:CTC.A)

Business Focus: General Department Stores

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: $16,338M 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