Canadian Tire Corp Ltd Shs -A- Non-Voting
CTC.A: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<.<%MYr< | LOCK|Gf% | LOCK|pnX#JM |
Canadian Tire Earnings: Revenue Growth Was Strong, but Near-Term Uncertainty Still Pertinent
Canadian Tire posted first-quarter revenue growth of 4%, underpinned by a 4.7% uptick in comparable sales. Adjusted EBITDA also improved 11% to CAD 422 million (12.2% margin) due to favorable cost leverage in the retail segment.
