Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q3 2025 Earnings Presentation
19 slides from Canadian Tire's earnings presentation, Nov 7, 2025
Slide 1: Q3 2025 Financial Results and Segment Eliminations
Canadian Tire Corporation Q3 2025 Financial Results and Segment Eliminations
Slide 2: Executive Participants
Executive Participants Greg Hicks President & Chief Executive Officer, Canadian Tire Corporation Darren Myers Executive Vice President & Chief Financial Officer, Canadian Tire Corporation TJ Flood Executive Vice President & Chief Operating Officer, Canadian Tire Corporation 2
Slide 3: Table of Contents
Table of Contents Topic Slide # Q3 2025 DILUTED EPS TO NORMALIZED CONTINUING OPERATIONS BRIDGE AND KEY IMPACTS 4 Q3 2025 FINANCIAL RESULTS 6 Q3 2025 SEGMENT ELIMINATIONS 13 NORMALIZED RESULTS FROM CONTINUING OPERATIONS 16 3
Slide 4: Q3 2025: Reported Diluted EPS to Normalized Continuing Operations Diluted EPS Bridge and Key Impacts
Q3 2025: Reported Diluted EPS to Normalized Continuing Operations Diluted EPS Bridge and Key Impacts 4
Slide 5: Q3 2025: Reported Diluted EPS to Normalized Continuing Operations Diluted EPS Bridge and Key Impacts
Q3 2025: Reported Diluted EPS to Normalized Continuing Operations Diluted EPS1 Bridge and Key Impacts $0.65 $3.78 $3.13 $0.00 $3.13 -$1.26 -$0.25 Reported Helly Hansen Reported Transformation Normalized Diluted EPS Discontinued Continuing Operations Costs Continuing Operations (Q3 2025) Operations D
Slide 6: Q3 2025 Financial Results
Q3 2025 FINANCIAL RESULTS 6
Slide 7: Q3 2025 Consolidated Financial Results
Q3 2025 Consolidated Financial Results* YTD YTD (C$ in millions, except where noted) Q3 2025 Q3 2024 Change Q3 2025 Q3 2024 Change Retail sales1 $ 4,541.5 $ 4,539.5 0.0 % $ 13,126.2 $ 12,797.2 2.6 % Revenue $ 4,105.8 $ 3,987.0 3.0 % $ 11,764.4 $ 11,315.2 4.0 % Gross margin dollars $ 1,428.4 $ 1,342.
Slide 8: Q3 2025 Normalizing Items
Q3 2025 Normalizing Items In relation to the True North strategy, the Company recorded a transformation charge of $125.1 million on a year-to-date basis for restructuring costs, which includes severance and costs for optimization of the SportChek store portfolio, including closing standalone Atmosph
Slide 9: Q3 2025 Selected Normalized Metrics – Consolidated
Q3 2025 Selected Normalized Metrics – Consolidated* (C$ in millions, except where Normalizing Normalized Normalizing Normalized noted) Q3 2025 Items1 Q3 20252 Q3 2024 Items1 Q3 20242 Change3 Revenue $ 4,105.8 $ — $ 4,105.8 $ 3,987.0 $ — $ 3,987.0 3.0 % Gross margin dollars $ 1,428.4 $ — $ 1,428.4 $
Slide 10: Q3 2025 Retail Segment Financial Results
Q3 2025 Retail Segment Financial Results* YTD YTD (C$ in millions, except where noted) Q3 2025 Q3 2024 Change Q3 2025 Q3 2024 Change Retail sales1 $ 4,541.5 $ 4,539.5 0.0 % $ 13,126.2 $ 12,797.2 2.6 % Revenue $ 3,705.8 $ 3,591.9 3.2 % $ 10,577.9 $ 10,153.9 4.2 % Gross margin dollars $ 1,211.9 $ 1,12
Slide 11: Q3 2025 Selected Normalized Metrics: Retail
Q3 2025 Selected Normalized Metrics: Retail* (C$ in millions, except Normalizing Normalized Normalizing Normalized where noted) Q3 2025 Items1 Q3 20252 Q3 2024 Items1 Q3 20242 Change3 Revenue $ 3,705.8 $ — $ 3,705.8 $ 3,591.9 $ — $ 3,591.9 3.2 % Gross margin dollars $ 1,211.9 $ — $ 1,211.9 $ 1,125.5
Slide 12: Q3 2025 Financial Services Results
Q3 2025 Financial Services Results YTD YTD (C$ in millions) Q3 2025 Q3 2024 Change Q3 2025 Q3 2024 Change Revenue $ 401.3 $ 399.1 0.6 % $ 1,189.0 $ 1,171.3 1.5 % Gross margin dollars $ 191.9 $ 197.7 (2.9) % $ 566.3 $ 566.5 0.0 % Gross margin rate1 47.8 % 49.5 % (172) bps 47.6 % 48.4 % (74) bps Other
Slide 13: Q3 2025 Segment Eliminations
Q3 2025 SEGMENT ELIMINATIONS 13
Slide 14: Segment Reporting Note Disclosure
Q3 2025 Segment Reporting Note Disclosure* CT REIT Financial Services Financial eliminations and eliminations and (C$ in millions) Retail Services CT REIT adjustments1 adjustments2 Total Total revenue $3,705.8 $401.3 $151.1 ($135.1) ($17.3) $4,105.8 Cost of producing revenue 2,493.9 209.4 — — (25.9)
Slide 15: Q3 YTD 2025 Segment Reporting Note Disclosure
Q3 YTD 2025 Segment Reporting Note Disclosure* CT REIT Financial Services Financial eliminations and eliminations and (C$ in millions) Retail Services CT REIT adjustments1 adjustments2 Total Total revenue $10,577.9 $1,189.0 $451.3 ($404.0) ($49.8) $11,764.4 Cost of producing revenue 7,173.4 622.7 —
Slide 16: Normalized Results from Continuing Operations
Normalized Results from Continuing Operations 16
Slide 17: Consolidated Normalized Results from Continuing Operations
Consolidated Normalized Results from Continuing Operations* To assist in modelling the business on a go-forward basis after the completion of the Helly Hansen sale on May 31, 2025, the following table restates the Company’s normalized results from continuing operations on a quarterly and annual basi
Slide 18: Retail Segment Normalized Results from Continuing Operations
Retail Segment Normalized Results from Continuing Operations* To assist in modelling the business on a go-forward basis after the completion of the Helly Hansen sale on May 31, 2025, the following table restates the Company’s normalized results from continuing operations on a quarterly and annual ba
Slide 19: For more information
For more information: http://investors.canadiantire.ca