Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q4 2022 Earnings Presentation
13 slides from Canadian Tire's earnings presentation, Feb 16, 2023
Slide 1: Fourth Quarter 2022 Financial Results
Canadian Tire Corporation Fourth Quarter 2022 Financial Results
Slide 2: Forward Looking Information
Forward Looking Information This document contains information that may constitute forward-looking information reflecting Management’s current expectations relating to matters such as future financial performance and operating results of the Company. Forward-looking information provides insights reg
Slide 3: Executive Participants
Executive Participants Greg Hicks President & Chief Executive Officer, Canadian Tire Corporation Gregory Craig Executive Vice President & Chief Financial Officer, Canadian Tire Corporation TJ Flood President, Canadian Tire Retail FOURTH QUARTER 2022 FINANCIAL RESULTS | EXECUTIVE PARTICIPANTS 3
Slide 4: Q4 2022 Highlights
Q4 2022 Highlights Consolidated retail sales1 were up 1.2% compared to the fourth quarter of 2021, and up 17.6% on a three-year stacked basis1; consolidated comparable sales1 were in line with 2021’s exceptional performance, and up 21.1% on a three-year stacked basis1 o Canadian Tire Retail comparab
Slide 5: FY 2022 Highlights
FY 2022 Highlights Driven by strong revenue growth across both Retail and Financial Services segments, normalized diluted EPS2 was $18.75, compared to a record level of $18.91 in 2021, representing a 44.4% increase on a three-year stacked basis2; Diluted EPS was $17.60, compared to $18.38 in 2021 o
Slide 6: FY 2022 Highlights
FY 2022 Highlights The Company delivered an improved omni-channel customer experience as it continued to invest in its Better Connected strategy and its key strategic differentiators o Triangle Loyalty member sales1 were up 8%, continuing to outpace total retail sales, with 11.3 million active membe
Slide 7: Q4 & FY 2022 Consolidated Financial Results
Q4 & FY 2022 Consolidated Financial Results Q4 2022 • Diluted Earnings Per Share was a record $9.09, up 9%, compared to the prior year. FY 2022 • Diluted EPS was $17.60, compared to $18.38 in 2021. 1. This is a non-GAAP financial measure with no standard meaning under IFRS and therefore may not be c
Slide 8: Q4 & FY 2022 Normalizing Items
Q4 & FY 2022 Normalizing Items • The results of operations in the fourth quarter of 2022 include costs relating to the Company’s Operational Efficiency program which were considered as normalizing items. During the quarter, non-recurring costs relating to consulting and ongoing projects were $19.6 m
Slide 9: Selected Q4 2022 Normalized Metrics: Consolidated
Selected Q4 2022 Normalized Metrics: Consolidated 1 Refer to Normalizing Items table in section 5.1.1 of the Company’s Q4 2022 MD&A. 2 These normalized measures (excluding revenue and net finance costs) are non-GAAP financial measures or non-GAAP ratios with no standardized meaning under IFRS and th
Slide 10: Q4 & FY 2022 Retail Segment Financial Results
Q4 & FY 2022 Retail Segment Financial Results 1 For further information about this measure see section 10.2 of the Company’s Q4 2022 MD&A. FOURTH QUARTER 2022 FINANCIAL RESULTS | RETAIL RESULTS 10
Slide 11: Selected Q4 2022 Normalized Metrics: Retail
Selected Q4 2022 Normalized Metrics: Retail 1 Refer to section 5.1.1 in this MD&A for a description of normalizing items. 2 These normalized measures (excluding revenue and net finance cost) are non-GAAP financial measures. For further information and a detailed reconciliation see section 10.1 of Q4
Slide 12: Q4 2022 & FY 2022 Financial Services Results
Q4 2022 & FY 2022 Financial Services Results 1 For further information about this measure see section 10.2 of the Company’s Q4 2022 MD&A. 2 Not meaningful. FOURTH QUARTER 2022 FINANCIAL RESULTS | FINANCIAL SERVICES RESULTS 12
Slide 13: Thank You
Thank You For more information: http://investors.canadiantire.ca