Canadian Tire Q4 adjusted EPS beats estimates, helped by strong December sales

Canadian Tire

19/02/2026 11:18

Overview

Canada retailer's Q4 adjusted EPS and revenue beat analyst expectations

Company's retail performance driven by True North strategy and operational improvements

Company repurchased C$442.4 mln of shares under its buyback program

Outlook

Canadian Tire expects 2026 operating capital expenditures between C$500 mln and C$550 mln

Company plans to launch WestJet and Tim Hortons loyalty partnerships in 2026

Canadian Tire aims to advance True North strategy, focusing on customer connections and shareholder value

Result Drivers

STRONG DECEMBER SALES - Favorable weather and in-stock positions boosted customer visits and sales growth across major banners

TRUE NORTH STRATEGY - Enhanced retail network and partnerships drove retail growth and customer engagement

SECTOR-SPECIFIC SUCCESS - Seasonal and Gardening saw double-digit growth, Automotive Service reached record sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
C$4.55 bln
C$4.46 bln (6 Analysts)
Q4 Adjusted EPS
Beat
C$4.47
C$3.80 (8 Analysts)
Q4 EPS
C$3.96
Q4 Adjusted Net Income
Beat
C$259.7 mln
C$208.10 mln (3 Analysts)
Q4 Net Income
C$232.4 mln
Q4 Adjusted Pretax Profit
Beat
C$349.6 mln
C$315.93 mln (3 Analysts)
Q4 Pretax Profit
C$318.7 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the department stores peer group is "buy."

Wall Street's median 12-month price target for Canadian Tire Corporation Ltd is C$184.50, about 0.1% below its February 18 closing price of C$184.74

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nCNW0sQz8a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)