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Stocks in play: Canadian Tire Corporation

Baystreet.ca - Baystreet - Thu Feb 15, 9:01AM CST

Announced results for its fourth quarter and full year ended December 30, 2023. Retail consolidated full-year comparable sales finished the year down 2.9%, and full-year Retail Gross Margin rate was effectively flat to 2022. Full-year Diluted Earnings Per Share was $3.78 or $10.37 on a normalized basis; Q4 Diluted EPS was $3.09 or $3.38 on a normalized basis. Canadian Tire Corporation shares T.CTC.A are trading down $6.61 at $134.27.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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