Canadian Tire Corporation (TSX: CTC.A) surged Thursday after a holiday-quarter update that showed broad-based demand across banners, pushing the stock to C$195.30 (up +5.71%) and within touch of its 52-week high of C$196.46.
Shares of Canadian Tire were trading at C$195.30, up 5.71% on the session, after moving between C$190.10 and C$196.46 intraday — the upper bound aligning with its 52-week high of C$196.46. The stock carries a market capitalization of approximately C$10.43 billion, with a trailing P/E ratio of 13.74 and trailing twelve-month earnings per share of C$14.21. Investors are also capturing a forward annual dividend of C$7.20, translating to a yield of roughly 3.90%, while the five-year monthly beta of 0.99 suggests volatility broadly in line with the market.
What moved the stock
Canadian Tire reported a stronger holiday season and year-over-year growth in fourth-quarter revenue, with CEO Greg Hicks calling it one of the retailer’s best holiday periods in recent memory. Investors focused on improving underlying performance alongside progress in the company’s multi-year True North transformation strategy.
Q4 revenue and sales: the headline numbers
Q4 revenue: C$4.55B, up from C$4.20B a year earlier.
Consolidated comparable sales: +4.2% in Q4.
Full-year comparable sales: +4.1% for 2025.
Q4 retail revenue growth: +8.8% (and +10.7% excluding Petroleum).
Banner-by-banner: where demand was strongest
Canadian Tire (CTR) comparable sales: +2.7%. Seasonal and Gardening delivered standout momentum, supported by winter and holiday demand.
SportChek comparable sales: +9.5%, extending its growth streak and reflecting strength in outerwear and fanwear alongside footwear and hard goods.
Mark’s comparable sales: +7.2%, helped by weather-driven demand and Black Friday performance, with newer “Bigger Bolder Better” store concepts contributing.
Automotive: a key driver that keeps compounding
Automotive remained a cornerstone, rising for the 22nd consecutive quarter. Canadian Tire also pointed to Automotive Service hitting record annual sales of C$1B.
Earnings picture: reported vs normalized
Net income attributable to shareholders (continuing ops): C$211.0M, down from C$365.2M a year earlier.
Diluted EPS (continuing ops): C$3.96, down from C$6.54 a year earlier.
Normalized diluted EPS (continuing ops): C$4.47, up from C$3.24 a year earlier.
Why reported EPS fell while normalized EPS rose
The quarter included restructuring and impairment costs tied to True North initiatives, while the prior year benefited from a property sale gain. Investors tended to lean into the stronger normalized earnings trajectory and broad retail momentum across banners.
True North strategy: what management is emphasizing
Management framed the quarter as evidence of stronger retail execution and increasing customer engagement. The roadmap centers on sharpening competitive differentiation through an upgraded retail network, partnerships, and the loyalty ecosystem, with modernization expected to accelerate through 2026.
What to watch next
The stock is trading near its 52-week high, making the next move sensitive to whether demand trends hold beyond the holiday-driven burst. Key signals for finance-focused readers include sustained comparable sales momentum across banners, discipline around transformation costs, and continued cash return appeal given the 3.90% forward yield.
For the live quote and market metrics referenced above, see the listing on Yahoo Finance. For the company’s full earnings materials and strategy commentary, refer to Canadian Tire’s investor relations.
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