Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Canadian Tire OTC (CDNAF)
:CDNAF
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.01Last Year’s EPS
0.97Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: -7.18%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance and successful strategic initiatives, such as the growth of the Triangle Rewards program and supply chain savings. However, concerns about potential tariffs and their impact on the economy, as well as specific challenges like weather and the Canada Post strike, present significant risks. Overall, the sentiment is balanced with optimism about growth and caution regarding external uncertainties.Company Guidance
During the Canadian Tire Corporation's earnings call for the fourth quarter and full year of 2024, the company provided several key metrics and insights into its performance and outlook. The company reported a normalized earnings per share (EPS) of $4.07 for Q4, bringing the annual EPS to $12.62. Sales were driven by strategic promotions and effective margin management, contributing to a 1% growth in retail sales and a 1.3% increase in retail revenue. The Triangle MasterCard spend at Canadian Tire Retail (CTR) increased by 2.4%, and the loyalty sales grew by 4% in Q4. The company also highlighted a 12% revenue increase at Helly Hansen and a 1.8% increase in comparable sales at Mark’s. Despite a challenging consumer environment, the company managed to decrease SG&A expenses by $15 million in the quarter and reduced corporate inventory by $135 million. Looking ahead, Canadian Tire remains cautiously optimistic about the future, monitoring potential impacts from tariffs and aiming to maintain its North Star gross margin rate of 35.9% while focusing on strategic growth initiatives and capital plans.Strong Earnings Performance
Achieved a normalized EPS of $4.07 in Q4, bringing annual EPS to $12.62. This represents a significant improvement over 2023.
Triangle Rewards Program Success
Loyalty sales grew by 4% in Q4, with members spending more and redeeming ECTM 30% higher than three years ago.
Supply Chain Modernization Savings
DC transformations in Calgary and Montreal drove $20 million in savings in 2024.
Helly Hansen Revenue Growth
Revenue increased by 12%, with strong performance in the U.S. market and direct-to-consumer channels.
SG&A Expense Reduction
Normalized retail SG&A was down $15 million in the quarter, reflecting strong cost control measures.
---
CDNAF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CDNAF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | $110.31 | $102.88 | -6.74% |
| Nov 07, 2024 | $105.92 | $108.72 | +2.64% |
| Aug 08, 2024 | $99.72 | $103.04 | +3.33% |
| May 09, 2024 | $96.21 | $102.86 | +6.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Canadian Tire OTC (CDNAF) report earnings?
Canadian Tire OTC (CDNAF) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Canadian Tire OTC (CDNAF) earnings time?
Canadian Tire OTC (CDNAF) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CDNAF EPS forecast?
CDNAF EPS forecast for the fiscal quarter 2025 (Q1) is 1.01.
---