Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q3 2019 Earnings Presentation
13 slides from Canadian Tire's earnings presentation, Nov 7, 2019
Slide 1: Canadian Tire Corporation Third Quarter Financial Results
Canadian Tire Corporation Third Quarter Financial Results| November 7, 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: Third Quarter Highlights
Third Quarter Highlights DELIVERS STRONG Q3 RESULTS COMPARABLE SALES PERFORMANCE AT FINANCIAL SERVICES • Diluted earnings per share (EPS) was $3.20, • Consolidated comparable sales • Financial Services gross average an increase of 1.5%, normalized diluted EPS up 2.7% in the third quarter, credit car
Slide 5: Consolidated Financial Results
Consolidated Financial Results 1 Key operating performance measures. Refer to section 8.3.1 of the Q3 2019 MD&A for additional information. 2 Not meaningful. In Q3, diluted EPS was $3.20 in the quarter, an increase of $0.05 per share, or 1.5%. Normalized diluted EPS in the quarter was $3.46, an decr
Slide 6: Normalizing Items
Normalizing Items The table below summarizes the pre-tax amount for the listed normalizing items that were included in the results for the periods ended September 28, 2019 and September 29, 2018: The results of operations include two normalizing items in the current year and two normalizing items in
Slide 7: 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 Q3 2019 MD&A for additional information on normalizing items. 2 EBITDA is a non-GAAP measure; refer to section 8.3.2 of the Q3 2019 MD&A for a reconciliation o
Slide 8: Retail Segment Results
Retail Segment Results 1 Key operating performance measures. Refer to section 8.3.1 of the Q3 2019 MD&A for additional information. 2 Not meaningful. In Q3, consolidated retail sales grew 1.0%, including a 7.7% decline in Petroleum. Excluding Petroleum, retail sales increased 2.7%. Income before inc
Slide 9: Selected Normalized Metrics and Non-GAAP Measures: Retail Segment Financial Results
Selected Normalized Metrics and Non-GAAP Measures: Retail Segment Financial Results 1 Refer to section 4.1.1 of the Q3 2019 MD&A for additional information on normalizing items. 2 EBITDA is a non-GAAP measure; refer to section 8.3.2 of the Q3 2019 MD&A for a reconciliation of EBITDA to net income at
Slide 10: Financial Services Segment Results and Selected Normalized Metrics
Financial Services Segment Results and Selected Normalized Metrics In Q3, revenue increased $17.4 million, or 5.3%, due to higher credit charges resulting from GAAR growth and higher interchange revenue. Income before income taxes decreased $23.0 million, or 17.4% primarily due to the benefits 1 Not
Slide 11: CT REIT Segment Results
CT REIT Segment Results In Q3, income before income taxes increased $1.0 million, or 1.3%, primarily due to earnings attributable to the income generated from properties acquired and development and intensification activities completed during 2019 and 2018, partially offset by a decrease in the fair
Slide 12: For more information
For more information: http://investors.canadiantire.ca THIRD QUARTER FINANCIAL RESULTS | CONTACT US 12
Slide 13: Thank You
Thank You