Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Q3 2014 Earnings Presentation
9 slides from Canadian Tire's earnings presentation, Nov 6, 2014
Slide 1: 2014 Third Quarter Financial Results
Canadian Tire Corporation 2014 Third Quarter Financial Results November 6, 2014
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 Stephen Wetmore, Chief Executive Officer Michael Medline, President, 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
Slide 4: Third Quarter Highlights
Third Quarter Highlights Strong third quarter results – Consolidated diluted EPS up 21.2% or 16.5% on an adjusted basis – Consolidated revenue increased 3.9% or $113.9 million Consolidated earnings performance reflects strong revenue and gross margin contributions from the Retail segment – Retai
Slide 5: Consolidated financial results
Consolidated financial results YTD YTD (C$ in millions, except where noted) Q3 2014 Q3 2013 Change Q3 2014 Q3 2013 Change Retail sales $ 3,403.8 $ 3,261.6 4.4% $ 9,585.9 $ 9,244.2 3.7% Revenue $ 3,069.9 $ 2,956.0 3.9% $ 8,809.1 $ 8,456.9 4.2% Gross margin dollars $ 984.6 $ 929.1 6.0% $ 2,832.8 $ 2,6
Slide 6: Retail segment financial results
Retail segment financial results YTD YTD (C$ in millions) Q3 2014 Q3 2013 Change Q3 2014 Q3 2013 Change Retail sales $ 3,403.8 $ 3,261.6 4.4% $ 9,585.9 $ 9,244.2 3.7% Revenue $ 2,771.2 $ 2,676.6 3.5% $ 7,943.8 $ 7,643.1 3.9% Gross margin dollars $ 780.5 $ 749.3 4.2% $ 2,245.1 $ 2,107.0 6.6% Gross ma
Slide 7: CT REIT segment results
CT REIT segment results Financial YTD Financial (C$ in millions) Q3 2014 Forecast Variance Q3 2014 Forecast Variance Property revenue $ 89.5 $ 84.0 $ 5.5 $ 255.6 $ 250.4 $ 5.2 Property expense (21.8) (18.7) (3.1) (57.4) (56.1) (1.3) General and administrative expense (1.8) (2.0) 0.2 (6.2) (6.1) (0.1
Slide 8: Financial Services segment results
Financial Services segment results YTD YTD (C$ in millions) Q3 2014 Q3 2013 Change Q3 2014 Q3 2013 Change Revenue $ 277.3 $ 262.1 5.8% $ 809.6 $ 766.3 5.7% Gross margin dollars 170.0 151.9 11.9% 492.4 450.0 9.4% Gross margin (% of revenue) 61.3% 57.9% 334bps 60.8% 58.7% 209bps Other (expense) income
Slide 9: 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