Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q4 2019 Earnings Presentation
15 slides from Canadian Tire's earnings presentation, Feb 13, 2020
Slide 1: Fourth Quarter and 2019 Year-End Financial Results
Canadian Tire Corporation Fourth Quarter and 2019 Year-End Financial Results
Slide 2: Forward Looking Information
Forward Looking Information This document contains forward-looking statements that reflect Management’s current expectations relating to matters such as future financial performance and operating results of the Company. Forward-looking statements provide information about Management’s current expect
Slide 3: Executive Participants
Executive Participants Stephen Wetmore, President and CEO, Canadian Tire Corporation Dean McCann, Executive Vice President and Chief Financial Officer Allan MacDonald, Executive Vice President, Retail Mahes Wickramasinghe, Executive Vice President and Chief Corporate Officer Greg Hicks, Pr
Slide 4: Fourth Quarter and 2019 Year-End Highlights
Fourth Quarter and 2019 Year-End Highlights DELIVERS STRONG TOPLINE AND EARNINGS COMPARABLE SALES PERFORMANCE AT FINANCIAL SERVICES GROWTH IN Q4 AND FULL YEAR • Fourth quarter consolidated revenue of • Consolidated comparable sales • GAAR growth was up 5.0% in Q4 $4.3 billion, up 4.5%, up 5.1% exclu
Slide 5: Consolidated Financial Results
Consolidated Financial Results In Q4, diluted EPS was $5.42, up $1.43 per share, or 35.7%, compared to the prior year. Normalized diluted EPS in the quarter was $5.53, an increase of $0.75 per share or 15.7%. For full year, diluted EPS was $12.58, an increase of $1.94 per share, or 18.3%, over the p
Slide 6: Normalizing Items
Normalizing Items The results of operations include two normalizing items in 2019 and three in 2018. These items include: FOURTH QUARTER AND 2019 YEAR-END FINANCIAL RESULTS | CONSOLIDATED RESULTS 6
Slide 7: Selected Q4 2019 Normalized Metrics: Consolidated
Selected Q4 2019 Normalized Metrics: Consolidated 1 Refer to Normalizing Items table in section 5.1.1 of the Q4 and Full Year 2019 MD&A for more details. 2 Change is between normalized results. 3 Not meaningful. FOURTH QUARTER AND 2019 YEAR-END FINANCIAL RESULTS | CONSOLIDATED RESULTS 7
Slide 8: Selected Full Year Normalized Metrics: Consolidated
Selected Full Year Normalized Metrics: Consolidated 1 Refer to Normalizing Items table in section 5.1.1 of the Q4 and Full Year 2019 MD&A for more details. 2 Change is between normalized results. FOURTH QUARTER AND 2019 YEAR-END FINANCIAL RESULTS | CONSOLIDATED RESULTS 8
Slide 9: Retail Segment Financial Results
Retail Segment Financial Results 1 Retail sales is a key operating performance measure. Refer to section 9.3.1 of the Q4 and Full Year 2019 MD&A for additional information. 2 Not meaningful. In Q4, Retail segment revenue increased $172.3 million, or 4.5%. Excluding Petroleum, Retail segment revenue
Slide 10: Selected Q4 2019 Normalized Metrics: Retail
Selected Q4 2019 Normalized Metrics: Retail 1 Refer to Normalizing Items table in section 5.1.1 of the Q4 and Full Year 2019 MD&A for more details. 2 Change is between normalized results. 3 Not meaningful. FOURTH QUARTER AND 2019 YEAR-END FINANCIAL RESULTS | RETAIL SEGMENT 10
Slide 11: Selected Full Year Normalized Metrics: Retail
Selected Full Year Normalized Metrics: Retail 1 Refer to Normalizing Items table in section 5.1.1 of the Q4 and Full Year 2019 MD&A for more details. 2 Change is between normalized results. 3 Not meaningful. FOURTH QUARTER AND 2019 YEAR-END FINANCIAL RESULTS | RETAIL SEGMENT 11
Slide 12: Financial Services Segment Financial Results
Financial Services Segment Financial Results 1 Not meaningful. In Q4, revenue increased 3.2%, due to higher credit charges resulting from GAAR growth, partially offset by lower insurance revenue. Income before income taxes increased $17.4 million, or 18.9% in the fourth quarter, and increased $33.8
Slide 13: CT REIT Segment Results
CT REIT Segment Results In Q4, income before income taxes increased $2.4 million, or 3.2%, primarily due to steady growth of business activity resulting in property revenue increase. FOURTH QUARTER AND 2019 YEAR-END FINANCIAL RESULTS | CT REIT SEGMENT 13
Slide 14: For more information: http://investors.canadiantire.ca
For more information: http://investors.canadiantire.ca FOURTH QUARTER AND 2019 YEAR-END FINANCIAL RESULTS | CONTACT US 14
Slide 15: Thank You
Thank You