Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q1 2022 Earnings Presentation
12 slides from Canadian Tire's earnings presentation, May 12, 2022
Slide 1: Canadian Tire Corporation First Quarter 2022 Financial Results
Canadian Tire Corporation First Quarter 2022 Financial Results
Slide 2: Forward Looking Information
Forward Looking Information This document contains forward-looking information that reflects Management’s current expectations relating to matters such as future financial performance and operating results of the Company. Forward-looking information provides insights regarding Management’s current e
Slide 3: Executive Participants
Executive Participants Greg Hicks Gregory Craig TJ Flood President & Executive Vice President & President, Chief Executive Officer, Chief Financial Officer, Canadian Tire Retail Canadian Tire Corporation Canadian Tire Corporation FIRST QUARTER 2022 FINANCIAL RESULTS | EXECUTIVE PARTICIPANTS 3
Slide 4: Q1 2022 Highlights
Q1 2022 Highlights Q1 2022 marked a strong first quarter against exceptional results in Q1 2021; CTC's expansive multi-category assortment drove strong topline growth across CTC retail banners o Consolidated retail sales1 were up 9.7% and consolidated comparable sales, excluding Petroleum1 , up 6.4%
Slide 5: Q1 2022 Highlights
Q1 2022 Highlights Diluted EPS was up 23% to $3.03; normalized diluted EPS1 was $3.06, up 19% compared to the first quarter of 2021 o Normalized retail income before income taxes (IBT) 1 grew by $39.7 million, or 35.7%, primarily driven by a 15.9% increase in revenue o Financial Services income befo
Slide 6: Consolidated Financial Results
Consolidated Financial Results Q1 2022 • Diluted EPS was $3.03, up $0.56 per share, or 22.7%, compared to the prior year. 1 For further information about these measures see section 9.2 of the Company’s Q1 2022 MD&A. 2 Not meaningful. FIRST QUARTER 2022 FINANCIAL RESULTS | CONSOLIDATED RESULTS 6
Slide 7: Normalizing Items
Normalizing Items • The results of operations in the first quarter of 2022 and 2021 include costs relating to the Company’s Operational Efficiency program which were considered as normalizing items. • During the quarter, non-recurring costs relating to severance, consulting, and ongoing projects amo
Slide 8: Selected Q1 2022 Normalized Metrics: Consolidated
Selected Q1 2022 Normalized Metrics: Consolidated 1 Refer to Normalizing Items table in section 4.1.1 of the Company’s Q1 2022 MD&A or slide 7 for more details. 2 These normalized measures (selling, general and administrative expenses, income before income taxes, income tax expense, net income, net
Slide 9: Retail Segment Financial Results
Retail Segment Financial Results 1 For further information about these measures see section 9.2 of the Company’s Q1 2022 MD&A which is available on SEDAR at www.sedar.com and is incorporated by reference herein. FIRST QUARTER 2022 FINANCIAL RESULTS | CONSOLIDATED RESULTS 9
Slide 10: Selected Q1 2022 Normalized Metrics: Retail
Selected Q1 2022 Normalized Metrics: Retail 1 Refer to section 4.1.1 in the Company’s Q1 2022 MD&A or slide 7 for more details. 2 These normalized measures (selling, general and administrative expenses and income before income taxes) are non-GAAP financial measures. For further information and a det
Slide 11: Financial Services Results
Financial Services Results 1 For further information about this measure see section 9.2 of the Company’s Q1 2022 MD&A which is available on SEDAR at www.sedar.com and is incorporated by reference herein. 2 Not meaningful. FIRST QUARTER 2022 FINANCIAL RESULTS | CONSOLIDATED RESULTS 11
Slide 12: Thank You
Thank You For more information: http://investors.canadiantire.ca