Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q2 2019 Earnings Presentation
12 slides from Canadian Tire's earnings presentation, Aug 8, 2019
Slide 1: Canadian Tire Corporation Second Quarter Financial Results
Canadian Tire Corporation Second Quarter Financial Results| August 8, 2019
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 provide information about Management’s current expecta
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: Second Quarter Highlights
Second Quarter Highlights CONTINUED MOMENTUM IN SECOND QUARTER COMPARABLE SALES PERFORMANCE AT FINANCIAL SERVICES RESULTS • Retail revenue increased 7.8% in Q2 and • Consolidated comparable sales • Financial Services gross average 6.7% year to date, excluding Petroleum up 2.2% in the second quarter,
Slide 5: Consolidated Financial Results
Consolidated Financial Results 1 Key operating performance measures. Refer to section 8.3.1 of the Q2 2019 MD&A for additional information. 2 Not meaningful. In Q2, diluted EPS was $2.87 in the quarter, an increase of $0.49 per share, or 20.5%. Normalized diluted EPS in the quarter was $2.97, an inc
Slide 6: Selected Normalized Metrics - Consolidated Financial Results
Selected Normalized Metrics - Consolidated Financial Results Consolidated Key Operating Performance Measures 1 Refer to section 4.1.1 of the Q2 2019 MD&A for additional information on normalizing items. 2 EBITDA is a non-GAAP measure; refer to section 8.3.2 of the Q2 2019 MD&A for a reconciliation o
Slide 7: Retail Segment Results
Retail Segment Results 1 Key operating performance measures. Refer to section 8.3.1 of the Q2 2019 MD&A for additional information. 2 Not meaningful. In Q2, consolidated retail sales grew 1.3%, including a 4.8% decline in Petroleum. Excluding Petroleum, retail sales increased 2.3%. Income before inc
Slide 8: Selected Normalized Metrics and Non-GAAP Measures: Retail Segment
Selected Normalized Metrics and Non-GAAP Measures: Retail Segment Financial Results 1 Refer to section 4.1.1 of the Q2 2019 MD&A for additional information on normalizing items. 2 EBITDA is a non-GAAP measure; refer to section 8.3.2 of the Q2 2019 MD&A for a reconciliation of EBITDA to net income at
Slide 9: Financial Services Segment Results
Financial Services Segment Results In Q2, revenue increased $22.9 million, or 7.5%, due to higher credit charges resulting from GAAR growth and higher interchange revenue. GAAR increased 8.3% driven by: • 4.3% growth in the number of 1 Not meaningful. average active accounts and; • An increased aver
Slide 10: CT REIT Segment Results
CT REIT Segment Results In Q2, income before income taxes increased $4.0 million, or 5.3%, primarily due to earnings attributable to the income generated from properties acquired and development and intensification activities completed during 2019 and 2018, an increase in the fair value gain on inve
Slide 11: For more information
For more information: http://investors.canadiantire.ca SECOND QUARTER FINANCIAL RESULTS | CONTACT US 11
Slide 12: Thank You
Thank You