Canadian Tire’s Sports Group Reports Strong Q4
Bucking retail trends south of the border, FGL Sports sales grew 5% to C$624.7 million ($467.9 million) from $594.0 million in the fourth quarter, including 5.1% same store sales growth. The Sport Chek banner comped up 4.9%. Warm weather at the start of the quarter slowed seasonal apparel sales, but a cold December more than made up ground with sales driven by athletic and casual apparel and accessories, and licensed apparel and accessories. Gross ... Log in to view full article.