Third-quarter revenues at Canadian Tire’s sporting goods banners ticked up 1% to C$521.5 million ($383.5 mm) from C$518.3 million, including a +2.9% comp. CTC said that consumer spending remains constrained, and they seek value above other priorities. Targeted promotional events and improved customer experience contributed to strong performance in the athletic footwear and hockey categories. CTC’s sports business includes SportChek, Sports Experts, Atmosphere, Sports Rousseau, and Hockey Experts.
The core Canadian Tire banner, which also sells a fair amount ... Log in to view full article.