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Article Date: August 2017
Word Count: 222

Canadian Tire Sports Sales Grow 4%


FGL sales were C$462.1 million ($364.1 mm) compared to C$452.0 million, despite a slow start to the quarter with a weak Apr. and May, but Jun. rebounded sharply led by the strength of the licensed business with five Canadian teams in the NHL playoffs. Comp store sales were up 2.6% against a 5.8% comp last year and sales per sq. ft. rose 2% to C$462.1 vs. C$452.0. FGL continues to be a key focus of the parent, especially Sport Chek, which is views as a potential acquirer of sports brands that can be developed as private labels, and is also ... Log in to view full article.

 


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