Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q1 2020 Earnings Presentation
7 slides from Canadian Tire's earnings presentation, May 7, 2020
Slide 1: Canadian Tire Corporation Q1 2020 Financial Results
Canadian Tire Corporation Q1 2020 Financial Results
Slide 2: Forward Looking Information
Forward Looking Information This document contains forward-looking statements that reflect Management’s current expectations relating to matters such as future financial performance and operating results of the Company. Forward-looking statements provide information about Management’s current expect
Slide 3: Executive Participants
Executive Participants ▪ Greg Hicks, President and Chief Executive Officer, Canadian Tire Corporation ▪ Gregory Craig, Executive Vice President and Chief Financial Officer Q1 2020 FINANCIAL RESULTS | EXECUTIVE PARTICIPANTS 3
Slide 4: Q1 2020 Highlights
Q1 2020 Highlights COMPANY WELL-POSITIONED TO COMPETE FOR THE LONG-TERM • In Q1 2020, diluted earnings per share (EPS) were negatively impacted by the significant effect of the pandemic on the global economy. o Diluted EPS were $(0.22), normalized diluted EPS were $(0.13) compared to $1.12 in the pr
Slide 5: Q1 2020 Highlights
Q1 2020 Highlights STRONG RETAIL FUNDAMENTALS AND ECOMMERCE GROWTH UNDERLIE PERFORMANCE IN THE QUARTER • Despite the unprecedented impacts of COVID-19 on consumer activity, Canadian Tire Retail delivered 0.7% comparable store sales against an exceptional Q1 in 2019. This marks the 24th consecutive q
Slide 6: Consolidated Financial Results
Consolidated Financial Results CTC has estimated that the COVID-19 pandemic and market disruptions negatively impacted its consolidated earnings by $93.8 million, or $0.96 EPS, as described below: In the Retail segment: • $41.8 million due to decline in share price resulting in a mark-to-market adju
Slide 7: Thank You
Thank You For more information: http://investors.canadiantire.ca