Canadian Tire Corp. Ltd. reported its fourth-quarter profit and sales were up compared with year ago.
Canadian Tire Corp. Ltd. capped its centennial year with strong growth in its automotive business as demand for auto parts and service helped offset softer spending on non-essential items, the company said Thursday.
At its Canadian Tire chain, comparable sales were flat in the quarter compared with the prior year as a sharp spending pullback on non-essential items like bikes and kayaks was tempered by strong automotive parts sales and service. TJ Flood, president of the Canadian Tire retail store, said the chain is investing in new technology to"modernize the auto service experience for customers."
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mike Fisher is thrilled his old buddy Chris Neil's No. 25 will be retired FridayMike Fisher will be watching from the Music City when Chris Neil has his No. 25 pulled to the rafters at the Canadian Tire Centre.
Read more »
Former Senators' centre Mike Fisher is thrilled his old buddy Chris Neil's No. 25 will be retired FridayMike Fisher will be watching from the Music City when Chris Neil has his No. 25 pulled to the rafters at the Canadian Tire Centre.
Read more »
Farmers are partnering with investors to bolster the agricultural sector – Canadian InvestorFarmers are partnering with investors to bolster the agricultural sector CanadiansInvest
Read more »
Orla Mining eyes expansion potential at Cerro Quema – Canadian InvestorOrla Mining eyes expansion potential at Cerro Quema CanadiansInvest
Read more »
Canadian rugby men get players back from injury ahead of Los Angeles SevensCanadian men’s rugby team gets reinforcements prior to HSBC World Rugby Sevens Series stop in Los Angeles
Read more »