Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q1 2012 Earnings Presentation
9 slides from Canadian Tire's earnings presentation, May 10, 2012
Slide 1: Canadian Tire Corporation 2012 First Quarter Financial Results
Canadian Tire Corporation 2012 First Quarter Financial Results May 10, 2012
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 Glenn Butt, EVP, Customer Experience and Automotive Mike Arnett, EVP, Corporate Devel
Slide 4: First quarter highlights
First quarter highlights Solid start to the year – Capitalized on the early arrival of Spring – Revenue growth across all retail banners – Some S retail t il margin i iinvestment t t – Strong performance from Financial Services Management changes position us for skilled execution Dynamic opera
Slide 5: Review of 2012 operational priorities
Review of 2012 operational priorities Canadian Tire Mark’s FGL Sports Financial Services •Associate Dealer •Strengthen apparel •Drive top‐line growth •Expand offering and relationship and footwear offering •Obtain cost synergies support of our retail •Execution: •Continue store businesses •E
Slide 6: Consolidated financial highlights
Consolidated financial highlights First Quarter (C$ in millions except per share amounts) 2012 2011 Change Revenue $ 2,439.5 $ 1,976.2 23.4% Gross margin 749.0 612.8 22.2% Operating expenses 625.8 498.7 25.5% Net finance costs 29.6 34.0 (12.6%) Net income after tax 71 0 71.0 58 4 58.4 21 5% 21.5% Ba
Slide 7: Retail segment financial highlights
Retail segment financial highlights First Quarter (C$ in millions) 2012 2011 Change Retail R t il S Sales l CTR retail sales growth 3.8% (0.6%) Gas (Petroleum) retail sales growth 5.2% 15.8% 1 FGL Sports retail sales growth 5.6% n/a Mark's retail sales growth 7 1% 7.1% 6 2% 6.2% Revenue $ 2,184.1 $
Slide 8: Financial Services segment financial highlights
Financial Services segment financial highlights First Quarter (C$ in millions) 2012 2011 Change Revenue $ 241.7 $ 235.4 2.6% Gross margin 130.2 115.3 12.9% Operating p g expenses p 59.2 64.9 ((8.8%)) Net finance (income) costs (0.1) (0.4) (76.2%) Income before income taxes 73.0 50.8 43.8% Gross aver
Slide 9: Questions and Answers
Questions and Answers For more information http://investors.canadiantire.ca angela.mcmonagle@cantire.com (416) 480‐8225