Strong Revenue and Earnings Growth
Retail revenue excluding Petroleum increased by nearly 6%, and diluted earnings per share grew nearly 7% year-over-year.
Loyalty Program Expansion
Loyalty engagement increased with over 7 million members, and the Triangle Rewards program formed new partnerships with Tim Hortons, RBC, and WestJet, expanding its value proposition.
SportChek Performance
SportChek's comparable sales grew 4.2%, driven by strong performance in back-to-school and back-to-hockey categories.
AI and Technology Advancements
The AI pricing tool, DAVID, is optimizing promotional programs and regular pricing, contributing to improved margins across banners.
Retail Gross Margin Improvement
Retail gross margin dollars were up nearly 8%, with a margin rate improvement of 57 basis points year-over-year.