Canadian Tire earnings date
Canadian Tire (YAAA) Q3 2026 Earnings Report
DE:YAAA Q3 2026 EPS Results
- Actual EPS
- EUR 2.71
- Consensus EPS
- EUR 2.41
- Beat/Miss
- Beat by +EUR 0.30
- One Year Ago EPS
- EUR 2.40
DE:YAAA Q3 2026 Revenue Results
- Actual Revenue
- EUR 2.74B
- Expected Revenue
- EUR 2.71B
- Beat/Miss
- Beat by +EUR 27.73M
- YoY Revenue Growth
- +5.32%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/12/2026
- Time
- Before Open
- Conference Call
- Thursday, November 12, 2026
Canadian Tire's next earnings date is estimated for February 18, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
The call was predominantly positive, with strong Q3 earnings, broad-based retail and comparable-sales growth, e-commerce and loyalty momentum, improved retail returns, Financial Services growth, capital returns and visible progress on the True North transformation. The main challenges were a cautious consumer, constrained expected holiday spending, a slower Q4 start, unfavorable weather comparisons, gross-margin and SG&A pressure, transportation and fuel headwinds, elevated inventory pockets and ongoing insolvency risk.
Management expects 2026 CapEx to be between $450 million and $500 million, anticipates completing the $400 million share repurchase program by year-end, and expects the annual dividend to increase to $7.30 per share beginning in March; pricing is expected to remain in a “very dynamic and very value-oriented price cycle” for “the next probably a year to 18 months,” while Q4 is off to a slower start, with some Q4 gross-margin rate pressure, transportation fuel headwinds, SG&A rate pressure, and no operating leverage like in Q3, although the North Star retail gross margin rate of 35% plus remains a long-term anchor; Financial Services profitability is expected to continue improving in Q4 if credit metrics remain stable and there are no major jumps in insolvencies, fuel and transportation headwinds are expected to ramp into at least the first half of '27, and the longer-term revenue target of 3% to 4% on a consistent basis requires a supportive backdrop with “a 2% economic growth associated.”
- Strong Q3 Earnings and Broad-Based GrowthNormalized diluted EPS was $4.27, up 13% year-over-year. Management described results as solid across the board, with comp sales and share growth, disciplined cost control, record bank revenue and improved earnings across Retail and Financial Services.
- Retail Sales and Comparable Sales GrowthRetail sales increased 4.4% and retail revenue increased 5% in Q3. Excluding Petroleum, retail sales were up 1.7%, while comparable sales increased 3.2%, with all three banners growing more than 3%.
- Growth Across All Retail Banners and DivisionsSales grew in each Canadian Tire Corporation banner and each Canadian Tire Retail division. Canadian Tire Retail comparable sales increased 3.2%, SportChek comparable sales increased 3.2%, and Mark's comparable sales increased 3.3%.
- Canadian Tire Retail E-Commerce MomentumCanadian Tire Retail e-commerce sales increased 25% in Q3. Growth was supported by continued strength in pickup at store, the ramp-up of ship-to-home, free shipping for Triangle members, same-day delivery through DoorDash and improvements to search, product pages and online inspiration.
- Triangle Loyalty Engagement IncreasedTriangle loyalty sales increased 6% and traffic increased 3.6%. Loyalty sales grew more than twice as fast as retail sales in Q3, and spending increased across all purchasing-power segments, with the highest spending increases from the high-debt and low-income segment.
- Strength in Canadian Tire Retail CategoriesCanadian Tire Retail growth was broad-based, with both Essentials and Discretionary increasing and all divisions growing. Living and Seasonal and Gardening led growth, supported by outdoor tools, gardening and backyard living, while Living also benefited from the back-to-class campaign. Automotive extended its growth streak to 25 consecutive quarters.
- SportChek and Mark's PerformanceSportChek's 3.2% comparable sales increase was supported by targeted inventory investments, newness and athletic footwear; fanwear contributed approximately one-third of growth, while team sports and hockey also performed well. Mark's comparable sales increased 3.3%, led by industrial footwear, workwear and back-to-class sales of Carhartt and Levi's.
- Improved Retail Profitability and ReturnsRetail IBT increased nearly 3% to $198 million, normalized retail EBITDA increased 2% to $495 million, and retail ROIC improved 60 basis points year-over-year to 11.2%. Retail SG&A dollars were broadly flat despite higher revenue, and SG&A as a percentage of revenue excluding Petroleum improved 29 basis points to 24%.
- Financial Services Growth and Resilient CreditFinancial Services IBT increased 18%, with record revenue and gross margin expansion more than offsetting SG&A investments. GAAR increased 4.2%, active accounts benefited from improved cardholder retention, aging declined slightly year-over-year to 3.4%, and the net write-off rate held at 7.2%.
- Strong Triangle World Elite Mastercard RecognitionThe Triangle World Elite Mastercard was named customers' top-ranked no-fee card for the third consecutive year by J.D. Power.
- Capital Return and Investment CommitmentsThe company continues to expect 2026 capital expenditures of between $450 million and $500 million. The annual dividend will increase to $7.30 per share beginning in March, marking the 17th consecutive year of dividend increases. Nearly 80% of the $400 million 2026 share repurchase intention had been completed by quarter-end, with completion anticipated by year-end.
- True North Transformation Showing ResultsManagement said True North capabilities are moving from theory to action. New-format stores generated 30% of year-to-date sales growth at Mark's and SportChek, year-to-date e-commerce increased 11%, and the company's loyalty, omnichannel, partnership and AI initiatives are increasingly integrated into normal operations.
- Progress in New-Format StoresMark's newer BBB stores continue to outperform, including the newest and largest location in Thunder Bay. Management said the concept is producing strong consumer feedback, strong NPS, good basket sizes, better margin profiles and returns that support further rollout, including expansions, relocations and potential greenfield opportunities in Quebec.
- Partnership and Membership ExpansionAfter Tim Hortons was added as a major brand distributing Canadian Tire Money, 200,000 Canadians linked their accounts in the first four weeks, and that figure has more than doubled since. Nearly 3 million unique members are engaged in partnerships, up from 2 million, and active membership has increased by 1 million Canadians over the last two years.
- AI and Data Platform DevelopmentThe MOSaiC platform guided the back-to-school Lighthouse program, while the David platform optimized the price-margin balance and supported elevated promotions. Canadian Tire is also working with Microsoft and its dealers on a new AI platform intended to bring more data and science to store operations. Management said its retail media business is small but growing and is being used primarily to strengthen the retail system.
- Holiday Occasion Strategy and Value AssortmentThe holiday Lighthouse targets an addressable market greater than $5 billion. Planned initiatives include $1.49 wrapping paper, $1.29 gift bags, $0.99 value ornaments, expanded Christmas lights, outdoor wire-frame and inflatable decorations, and a larger toys and gifting assortment. Management said the company is targeting categories where it has meaningful headroom and a right to win.
- Women's Sports Sponsorship MilestoneThe company reached its 2026 goal that half of its professional sports sponsorships would go to women's sport, following a commitment made in 2023.
DE:YAAA Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Feb 18, 2027 | 2026 (Q4) | 2.76- | 2.83 | ― | ― |
| Nov 12, 2026 | 2026 (Q3) | 2.412.71 | 2.4 | 12.96% (+0.31) | |
| Aug 13, 2026 | 2026 (Q2) | 2.512.50 | 2.26 | 10.36% (+0.23) | |
| May 14, 2026 | 2026 (Q1) | 1.151.28 | 1.27 | 1.00% (+0.01) | |
| Feb 19, 2026 | 2025 (Q4) | 2.412.83 | 2.58 | 9.83% (+0.25) | |
| Nov 06, 2025 | 2025 (Q3) | 1.802.40 | 2.28 | 5.29% (+0.12) | |
| Aug 07, 2025 | 2025 (Q2) | 2.482.26 | 2.26 | 0.28% (+0.01) | |
| May 08, 2025 | 2025 (Q1) | 0.771.27 | 0.88 | 44.93% (+0.39) | |
| Feb 13, 2025 | 2024 (Q4) | 2.712.58 | 2.14 | 20.41% (+0.44) | |
| Nov 07, 2024 | 2024 (Q3) | 1.922.28 | 1.88 | 21.28% (+0.40) |
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.
