Canadian Tire’s sports banners posted 2% higher revenues in the fourth quarter to C$637.9 million ($469.7 mm) up from $625.8 million, but comp store sales declined 1.7%, lapping 2021’s huge +15.9% comp. Outerwear, skiing and snowboarding sales declined, but private brands and World Cup licensed apparel performed well. A higher level of promotions impacted gross margin by an unspecified amount. For the full year, combined SportChek, Sports Experts, Atmosphere, Sports Rousseau and Hockey Experts revenues grew 3% to C$2,099.2 million from C$2,036.5 million, with comps up 1.8% on top of the ... Log in to view full article.