Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q2 2014 Earnings Presentation
9 slides from Canadian Tire's earnings presentation, Aug 7, 2014
Slide 1: 2014 Second Quarter Financial Results
Canadian Tire Corporation 2014 Second Quarter Financial Results August 7, 2014
Slide 2: Forward looking information
Forward looking information This document contains forward-looking statements that reflect management’s current expectations related to matters such as future financial performance and operating results of the Company. Forward-looking statements are provided for the purposes of providing information
Slide 3: Executive participants
Executive participants Stephen Wetmore, Chief Executive Officer Michael Medline, President, Canadian Tire Corporation Dean McCann, Chief Financial Officer and EVP Allan MacDonald, Chief Operating Officer, Canadian Tire Chad McKinnon, Chief Operating Officer, FGL Sports Rick White, Chief
Slide 4: Second Quarter Highlights
Second Quarter Highlights Strong second quarter results – Consolidated diluted EPS up 11.0% or 18.2% on an adjusted basis – Consolidated revenue increased 4.8% or $145.0 million Consolidated earnings performance reflects strong revenue and gross margin contributions from the Retail segment – Ret
Slide 5: Consolidated financial results
Consolidated financial results YTD YTD (C$ in millions, except where noted) Q2 2014 Q2 2013 Change Q2 2014 Q2 2013 Change Retail sales1 $ 3,721.6 $ 3,551.4 4.8% $ 6,182.1 $ 5,982.6 3.3% Revenue $ 3,166.1 $ 3,021.1 4.8% $ 5,739.2 $ 5,500.9 4.3% Gross margin dollars (excluding depreciation and $ 1,016
Slide 6: Retail segment financial results
Retail segment financial results YTD YTD (C$ in millions) Q2 2014 Q2 2013 Change Q2 2014 Q2 2013 Change Retail sales1 $ 3,721.6 $ 3,551.4 4.8% $ 6,182.1 $ 5,982.6 3.3% Revenue $ 2,879.5 $ 2,749.6 4.7% $ 5,172.6 $ 4,966.5 4.1% Gross margin dollars (excluding depreciation $ 811.5 $ 758.2 7.0% $ 1,467.
Slide 7: CT REIT segment results
CT REIT segment results Financial YTD Financial (C$ in millions) Q2 2014 Forecast Variance Q2 2014 Forecast Variance Property revenue $ 83.4 $ 83.3 $ 0.1 $ 166.1 $ 166.4 $ (0.3) Property expense (17.7) (18.7) 1.0 (35.6) (37.4) 1.8 General and administrative expense (2.5) (2.0) (0.5) (4.4) (4.1) (0.3
Slide 8: Financial Services segment results
Financial Services segment results YTD YTD (C$ in millions) Q2 2014 Q2 2013 Change Q2 2014 Q2 2013 Change Revenue $ 267.7 $ 254.2 5.3% $ 532.3 $ 504.2 5.6% Gross margin dollars 172.0 158.3 8.7% 322.4 298.1 8.2% Gross margin (% of revenue) 64.3% 62.3% 196bps 60.6% 59.1% 144bps Other (expense) income
Slide 9: Questions and Answers
Questions and Answers For more information http://investors.canadiantire.ca lisa.greatrix@cantire.com or (416) 480-8725 Follow us on twitter @CTCShares