Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q1 2013 Earnings Presentation
10 slides from Canadian Tire's earnings presentation, May 9, 2013
Slide 1: 2013 First Quarter Financial Results
Canadian Tire Corporation 2013 First Quarter Financial Results May 9, 2013
Slide 2: Forward looking information
Forward looking information This document contains forward-looking information that reflects 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 informati
Slide 3: Executive participants
Executive participants Stephen Wetmore, President and CEO D Dean M McCann, C Chi Chieff Fi Financial i l Offi Officer and d EVP EVP, Fi Finance Marco Marrone, Chief Operating Officer, Canadian Tire Retail Allan MacDonald, SVP, Automotive and Marketing, Canadian Tire Retail Harry Taylor, Ch
Slide 4: First quarter highlights
First quarter highlights Positive earnings growth in the quarter – Q1 growth in sales, revenue and earnings – Smallest quarter in terms of earnings contribution Retail Segment tempered by unseasonal weather – Strong performance at CTR in key categories and improved gross margin performance – Str
Slide 5: Q1 2013 Reporting changes
Q1 2013 Reporting changes 1. Retail return on invested capital (or ROIC) calculation adjustment* – Adjusted to include operating leases – Reflects increased proportion of retail business that operates from leased locations – Revised definition included the Q1 2013 MD&A 2. Cash Flow Statement working
Slide 6: Consolidated financial highlights
Consolidated financial highlights (C$ in millions, except where noted) Q1 2013 Q1 2012 Change 1 Retail sales $ 2,435.5 $ 2,415.1 0.8% Revenue $ 2,479.8 $ 2,439.5 1.7% Gross margin dollars $ 766.7 $ 749.0 2.4% Gross margin (% of revenue) 30.9% 30.7% 22 bps Operating p g expenses p ((excluding g depre
Slide 7: Retail segment financial highlights
Retail segment financial highlights ((C$ in millions)) Q1 2013 Q1 2012 Change g 1 Retail sales $ 2,435.5 $ 2,415.1 0.8% Revenue $ 2,216.9 $ 2,184.1 1.5% Gross margin dollars $ 599.5 $ 591.0 1.5% G Gross margin i (% off revenue)) 27 0% 27.0% 27 1% 27.1% (1 b bps)) Operating expenses (excluding deprec
Slide 8: Financial Services segment financial highlights
Financial Services segment financial highlights (C$ iin millions) illi ) Q1 2013 Q1 2012 Change Ch Revenue $ 250.0 $ 241.7 3.4% Gross margin dollars 139.8 130.2 7.3% Gross G oss margin a g (% oof revenue) e e ue) 55.9% 53.9% 53 9% 203 03 bps Other income 0.2 1.9 (92.0)% Operating expenses 62.9 59.2
Slide 9: Canadian Tire REIT key messages
Canadian Tire REIT key messages Surface the value of Canadian Tire’s real estate holdings Stand-alone vehicle for Canadian Tire’s real estate which will pp continued real estate investment support Increased financial flexibility to pursue new opportunities to invest in and grow the business 8
Slide 10: 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