Canadian Tire reports Q2 profit and revenue up from year ago
Canadian Tire Corp., Ltd. reported its second-quarter profit rose compared with a year ago as its revenue also climbed higher.
The retailer reported net income of $214.2 million or $3.65 per diluted share for the quarter ended July 4, up from $188.3 million or $3.07 per diluted share a year earlier.
On a normalized basis, Canadian Tire says it earned $3.94 per diluted share, up from a normalized profit of $3.57 per diluted share in the second quarter of 2025.
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Revenue for the quarter totalled $4.30 billion, up from $4.20 billion a year earlier.
Overall comparable sales were up 0.7%, driven by growth at SportChek and Mark's.
Canadian Tire comparable sales fell 0.8%, while SportChek comparable sales rose 8%. Mark's comparable sales added 4.2%.
