SportChek Sales Inch Higher in First Quarter
Revenue at Canadian Tire’s sporting goods banners—SportChek, Hockey Experts, Sports Experts and Atmosphere—grew 3% in the first quarter to C$420.8 million ($311.2 mm) from C$408.8 million, including a +3.7% comp. The gains were driven by athletic and casual clothing categories. Total store count at period end was 372, down net three stores from a year ago. Canadian Tire sales, which include quite a bit of sporting goods, slipped 10% to C$1,931.7 million from ... Log in to view full article.