Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q3 2015 Earnings Presentation
11 slides from Canadian Tire's earnings presentation, Nov 12, 2015
Slide 1: Canadian Tire Corporation 2015 Third Quarter Financial Results
Canadian Tire Corporation 2015 Third Quarter Financial Results November 12, 2015
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 Michael Medline, President and CEO, Canadian Tire Corporation Dean McCann, Chief Financial Officer and EVP Allan MacDonald, Chief Operating Officer, Canadian Tire Chad McKinnon, Chief Operating Officer, FGL Sports Mary Turner, Chief Operating Officer, CTFS Rick Whi
Slide 4: Third Quarter Highlights
Third Quarter Highlights Strong third quarter performance – Consolidated revenue increased $133.2 million, or 5.3%, excluding Petroleum – Diluted EPS was $2.62, up 20.5% Consolidated sales and earnings performance reflects strong operations and retail fundamentals – Canadian Tire SSS up 3.4% – F
Slide 5: Consolidated financial results
Consolidated financial results 1 – Key operating performance measure. Refer to section 8.3.1 in the MD&A. 2 – Not meaningful. Diluted EPS attributable to owners of CTC was $2.62 in the quarter, an increase of $0.45 per share, or 20.5 percent, over the prior year. Earnings reflect the impact of the s
Slide 6: Retail segment financial results
Retail segment financial results 1 – Key operating performance measure. Refer to section 8.3.1 in the MD&A. Income before income taxes increased $51.4 million or 39.3 percent. This increase reflects strong sales and revenue growth in Canadian Tire, FGL Sports, and Mark's, Petroleum's higher per litr
Slide 7: CT REIT segment results
CT REIT segment results Income before income taxes in CT REIT increased $9.8 million, or 19.7%, in the quarter, primarily due to properties acquired during 2015 and 2014 and an increase of $5.3 million in the fair market value adjustment over the prior year. 6 6
Slide 8: Financial Services segment results
Financial Services segment results Income before income taxes of $95.6 million decreased $3 million, or 2.8 percent, due to increased write-offs and a reduction in interchange revenue resulting from industry wide adoption of a revised rate schedule in Q2 2015; partially offset by increased credit ca
Slide 9: Appendix: Consolidated Adjusted EBITDA and Retail EBITDA
Appendix Consolidated Adjusted EBITDA1 and Retail EBITDA1 Adjusted EBITDA1 YTD YTD (C$ in millions) Q3 2015 Q3 2014 Q3 2015 Q3 2014 Adjusted EBITDA 1 $ 415.1 $ 351.9 $ 1,044.8 $ 938.9 Change in fair value of the redeemable financial instrument _ _ _ _ (income)/expense EBITDA $ 415.1 $ 351.9 $ 1,044.
Slide 10: Appendix (cont'd): Revenue Excluding Petroleum Revenue
Appendix (cont’d) Consolidated and Retail Revenue Excluding Petroleum Revenue Consolidated Revenue excluding Petroleum Revenue YTD YTD (C$ in millions, except where noted) Q3 2015 Q3 2014 Change Q3 2015 Q3 2014 Change Revenue $ 3,126.8 $ 3,069.9 1.9% $ 8,899.4 $ 8,809.1 1.0% Petroleum Revenue $ 476.
Slide 11: 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