SlideShare une entreprise Scribd logo
1  sur  24
Télécharger pour lire hors ligne
Canadian Tire Corporation
Investor Presentation
June 2017
Forward looking information
2
This document contains forward-looking statements that reflect management’s current expectations related to matters such as future financial performance and operating results of the Company.
Forward-looking statements are provided for the purposes of providing information about Management’s current expectations and plans and allowing investors and others to get a better
understanding of the Company’s financial position, results of operations and operating environment. Readers are cautioned that such information may not be appropriate for other circumstances.
All statements other than statements of historical facts included in this document may constitute forward-looking statements, including but not limited to, statements concerning Management’s
current expectations relating to possible or assumed future prospects and results, the Company’s strategic goals and priorities, its actions and the results of those actions and the economic and
business outlook for the Company. Often, but not always, forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “believe”,
“estimate”, “plan”, “can”, “could”, “should”, “would”, “outlook”, “forecast”, “anticipate”, “aspire”, “foresee”, “continue”, “ongoing” or the negative of these terms or variations of them or similar
terminology. Forward-looking statements are based on the reasonable assumptions, estimates, analyses, beliefs and opinions of Management, made in light of its experience and perception of
trends, current conditions and expected developments, as well as other factors that Management believes to be relevant and reasonable at the date that such statements are made.
By their very nature, forward-looking statements require Management to make assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that the
Company’s assumptions, estimates, analyses, beliefs and opinions may not be correct and that the Company’s expectations and plans will not be achieved. Examples of Management’s beliefs,
which may prove to be incorrect, include, but are not limited to, beliefs about the effectiveness of certain performance measures, beliefs about current and future competitive conditions and the
Company’s position in the competitive environment, beliefs about the Company’s core capabilities and beliefs regarding the availability of sufficient liquidity to meet the Company’s contractual
obligations. Although the Company believes that the forward-looking statements in this document are based on information, assumptions and beliefs that are current, reasonable and complete,
these statements are necessarily subject to a number of factors that could cause actual results to differ materially from Management’s expectations and plans as set forth in such forward-looking
statements. Some of the factors, many of which are beyond the Company’s control and the effects of which can be difficult to predict, include: (a) credit, market, currency, operational, liquidity
and funding risks, including changes in economic conditions, interest rates or tax rates; (b) the ability of the Company to attract and retain high quality employees for all of its businesses, Dealers,
Canadian Tire Petroleum retailers and Mark’s and FGL Sports franchisees, as well as the Company’s financial arrangements with such parties; (c) the growth of certain business categories and
market segments and the willingness of customers to shop at its stores or acquire its financial products and services; (d) the Company’s margins and sales and those of its competitors; (e) the
changing consumer preferences toward eCommerce, online retailing and the introduction of new technologies; (f) risks and uncertainties relating to information management, technology, cyber
threats, property management and development, environmental liabilities, supply chain management, product safety, changes in law, regulation, competition, seasonality, weather patterns,
commodity prices and business disruption, the Company’s relationships with suppliers, manufacturers, partners and other third parties, changes to existing accounting pronouncements, the risk
of damage to the reputation of brands promoted by the Company and the cost of store network expansion and retrofits; (g) the Company’s capital structure, funding strategy, cost management
programs and share price; and (h) the Company’s ability to obtain all necessary regulatory approvals. Management cautions that the foregoing list of important factors and assumptions is not
exhaustive and other factors could also adversely affect the Company’s results. Investors and other readers are urged to consider the foregoing risks, uncertainties, factors and assumptions
carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements.
For more information on the risks, uncertainties and assumptions that could cause the Company's actual results to differ from current expectations, please refer to sections 7.2.4 (Retail segment
business risks), 7.3.2 (CT REIT segment business risks), 7.4.3 (Financial Services segment business risks) and 12.0 (Enterprise risk management) and all subsections thereunder of the MD&A
contained in the Company’s 2016 Report to Shareholders. Please also refer to section 2.10 (Risk Factors) of the Company’s Annual Information Form for fiscal 2016, as well as the Company’s
other public filings, available on the SEDAR (System for Electronic Document Analysis and Retrieval) website at www.sedar.com and at investors.canadiantire.ca
Forward-looking statements do not take into account the effect that transactions or non-recurring or other special items announced or occurring after the statements are made, have on the
Company’s business. For example, they do not include the effect of any dispositions, acquisitions, asset write downs or other charges announced or occurring after such statements are made.
The forward-looking statements and information contained herein are based on certain factors and assumptions as of the date hereof. The Company does not undertake to update any forward-
looking statements, whether written or oral, that may be made from time to time by it or on its behalf, to reflect new information, future events or otherwise, unless required by applicable securities
laws.
2
$423.0
$409.8
$228.3
$1,380.5
$2,445.5
+8.5%
Retail Revenue by Banner3
First Quarter Results
Q1 RETAIL
SALES GROWTH
CANADIAN TIRE +2.0%
FGL SPORTS -1.4%
MARK’S +5.7%
Q1 DILUTED EPS
$1.27
+37.8%
Q1
RETAIL ROIC2,3
8.58%
Q1 FINANCIAL
SERVICES RETURN
ON RECEIVABLES2,3
7.41%
1,2
1 – Figures are calculated on a rolling 12-month basis.
2 – Refer to Section 9.3.1 of the Q1 2016 MD&A for additional information on the Company’s key operating performance measures.
3 – Revenue reported for Canadian Tire, FGL Sports, Mark’s, and Petroleum includes intersegment revenue. FGL Sports revenue has been restated for the 13 weeks ended
April 2, 2016 to exclude revenue from its business-to-business operation. Therefore, in aggregate revenue for Canadian Tire, FGL Sports, Mark’s, and Petroleum will not equal total
revenue for the Retail segment.
+5.4%
-2.7%
+0.5%
Q1 SAME-STORE
SALES
CANADIAN TIRE
FGL SPORTS
MARK’S
3
Q1 Operational Highlights
Many of the operational initiatives put in place at Canadian Tire Retail are now being
implemented at FGL as we move to Phase 2 of FGL's growth agenda .
“We have delivered strong earnings performance in both our Financial Services and
Retail segment, and in particular we saw strong revenue growth at CTR. The
organization is focused on the right initiatives for 2017 and we have good momentum
leading into our primary selling seasons”
-Stephen Wetmore, President & CEO, CTC
CTR and our Consumer Brands Division have committed to growing strategic
categories through owned brands. Kitchen is a primary target and is highlighted by
the acquisition of Paderno early in Q2.
Applying empirical analysis to our assortment planning which allows for and drives
smarter promotional productivity.
4
Corporate Overview
Family of businesses Bringing our
customers the products they need
for the jobs and joys of life in Canada.
Our strengths
 Strong iconic brands that Canadians love
 Market leadership and credibility in heritage categories
 Financial flexibility / REIT / Scotiabank transaction
 Strong balance sheet / credit rating
 +1,700 bricks and mortar locations across Canada
 Shared real estate, marketing, supply chain, support services
Our growth plan
 Growth and integration of in-store digital and e-commerce
 Leading customer loyalty and reward programs
 Engaging digital marketing, use of sponsorships and powerful
content
 Continue to invest to strengthen our core businesses
 Increased focus on private brands
 Culture of productivity with a performance management focus
How we win
 Exceeding customer expectations with best omni-channel retail
platforms
 Conduit between customers and the best consumer brands in
the world
 Building our brands and exclusivity
 Family of CTC businesses – strong coalition
 Sports and community partnerships
FINANCIAL HIGHLIGHTS (2016) GROWTH (YoY)
Revenue $12.7B +3.3%
Net Income (attributable to
shareholders of CTC) $669.1M +1.5%
Diluted Earnings Per Share $9.22 +7.1%
MARKET LEADERSHIP
 Leadership position across heritage/core business categories:
Automotive, Living, Fixing & Playing
 #1 in Men’s Industrial & Casual Apparel
 1 in 5 Canadians hold a Canadian Tire credit card
5
PRINCE EDWARD
ISLAND
2
2
2
0
0
NEW BRUNSWICK
19
9
13
15
0
NEWFOUNDLAND
AND LABRADOR
13
6
8
12
0
QUEBEC
100
160
45
59
0
MANITOBA
15
11
13
6
6
NOVA SCOTIA
22
11
17
9
3
ONTARIO
203
120
143
166
61
BRITISH
COLUMBIA
53
46
59
4
0
STORE
TOTAL
501
434
382
296
90
Our Retail Network Across Canada
*Reflects store network as of the end of Q1 2017
4 CTR distribution centres
1 Mark’s distribution centres
1 Joint Mark’s and FGL Sports DC
4 Transload facilities
3 Auto parts distribution centres
3 FGL sports distribution centres
DISTRIBUTION FACILITIES
6
YUKON
1
1
1
0
0
NORTHWEST
TERRITORIES
1
0
1
0
0
ALBERTA
56
54
65
19
15
SASKATCHEWAN
16
13
15
6
6
Our Core Business is Retail
Six key business
categories
2016 REVENUE = C$12.7B1
C$8.3B C$2.2B C$1.2B C$1.1B
‣ Gas
‣ Auto Parts
‣ Tires & Power
Sports
‣ Auto Service
‣ Car Care &
Accessories
‣ Roadside
Assistance
‣ Home Cleaning
‣ Home Décor
‣ Home Org
‣ Kitchen
‣ Backyard Living
& Fun
‣ Gardening
‣ Outdoor Tools
‣ Seasonal
‣ Home Services
‣ Home Repair
‣ Paint
‣ Tools
‣ Hockey
‣ Golf
‣ Cycling
‣ Fitness
‣ Camping
‣ Hunting
‣ Fishing
‣ Industrial Wear
‣ Men’s Wear
‣ Women’s Wear
‣ Athletic Apparel
‣ Footwear
‣ Accessories
‣ Credit Cards
‣ Retail Deposits
‣ In-store
Warranties
‣ Insurance
‣ Deferred &
Installment
Payments
71 -Inter-segment revenue within the retail banners of $188.5 million in 2016 (2015 - $133.1 million) has been eliminated at the Retail segment level. Revenue reported for Canadian Tire, FGL Sports, Mark’s, and Petroleum
includes inter-segment revenue.
FINANCIAL HIGHLIGHTS (2016) BANNERS
Revenue $6.7B
Sales growth +5.6%
Same store sales growth +4.2%
Canadian Tire store count 500
Canadian Tire Retail
Our game plan
Our strengths
 One of Canada’s most trusted and iconic brands
 Most knowledgeable retailer about Life in Canada
 Market leader across core categories
 Canada’s most read flyer – 12M / week
 Local Dealer community presence and trust
 Superior real estate locations and national store network
Our growth plan
 Strengthen Canadian Tire brand and execute generational shift in
target customer
 Revitalize and localize assortments, develop extended
assortments and grow new product pipeline
 Build out private label and exclusive brands
 Test innovative store concepts (Showroom and Showcase stores)
and refresh network
 Analyze customer shopping data from Canadian Tire loyalty
program
 Create personalized customer connections and experiences
 Expand e-commerce, supply chain and digital capabilities
How we win
 Entrepreneurial Associate Dealer model
 Offer the best, most relevant assortment and exclusive products
for Life in Canada
 Tailored customer connections in-store, online and mobile
 Sports partnerships and community engagement
How we fit in the CTC Family
 Mature, healthy core business, cash generator
 Flagship business, central to Corporate brand
 Credibility in core categories
8
FGL Sports
Our game plan
Our strengths
 Canada’s largest sporting goods retailer
 Close relationships with elite vendor brands
 Merchandising and store operations
 Leader in digital marketing and concept/flagship stores
 Best sports partnerships
Our growth plan
 Enhancing productivity of store network
 Build unparalleled emotional connection with customers
 Digitization of retail including stores, retail assortment,
promotions and brand
 Hyper personalized customer experiences across digital and
physical channels
How we win
 Conduit for all things sport and activity in Canadian communities
 Premier real estate locations
 Innovative and exciting in-store experience
 Community engagement and sports partnerships activation
 Seamless omni experience online, in-store and mobile
FINANCIAL HIGHLIGHTS(2016) BANNERS
Revenue $2.2B
Sales growth +6.9%
Same store sales growth +6.0%
Sport Chek same store sales
growth
+7.6%
Store Count 433
)
How we fit in the CTC Family
 Growth driver
 Engages younger customer throughout lifecycle
 Leader in digital innovation
9
Mark’s
Our game plan
Our strengths
 Industrial apparel, footwear and accessories
 Product development, innovation and quality
 Wholesale division – direct sourcing
 Business to business (B2B)
 Strong exclusive brands
 National store network / ship from store to customer model
Our growth plan
 Turbo-charging men’s casual apparel & footwear
 Win with 30-50 year old Canadians
 Re-invigorate Quebec network
 Invest in targeted marketing to new customer demographic
 Expanded and bi-lingual e-commerce capabilities – retail and
B2B
How we win
 Building brand awareness and affinity
 Utilize industrial credibility to grow in adjacent categories
 Complement exclusive brands with select national brands
 In-store digital improvement and e-commerce expansion
 Leverage enhanced sourcing capabilities
FINANCIAL HIGHLIGHTS(2016) BANNERS
Revenue $1.2B
Sales growth +6.0%
Same store sales growth +6.1%
Store count 380
How we fit in the CTC Family
 Reactivated growth driver
 Strong customer alignment with Canadian Tire
 Synergies with FGL Sports in sourcing,
merchandising, supply chain and real estate
10
CT REIT
Our game plan
Our strengths
 Irreplaceable Canadian real estate portfolio of 302 properties
totaling approximately 24.7 million square feet of GLA
 Durable portfolio features
 Investment grade anchor tenant - CTC
 Exceptional cash flow predictability and reliable monthly
distributions
 Well-planned solid long-term growth
Our growth plan
 Acquisition and intensification opportunities
 Canadian Tire Corporation property pipeline
 Contractual annual rent escalations
How we win
 Highly diversified retail portfolio
 Flexible design, configuration and dimension provides
capability of supporting a multitude of retail platforms
 Actively pursuing third-party retail acquisition opportunities
 CT REIT is structured for stability even in potentially volatile
markets
How we fit in the CTC Family
 CTC is a major retail tenant with strong brand recognition
 Right of first offer on all CTC properties provides
preferred access to captive pipeline
11
FINANCIAL HIGHLIGHTS(2016) GROWTH
Property revenue $407.2M +7.7%
Funds from operations $214.9M +10.4%
Adjusted funds from
operations
$172.8M +13.9%
AFFO payout ratio 79%
Canadian Tire Bank
Our game plan
Our strengths
 $4.9B in receivables, 1.8M active accounts including over 500K of
Canadian Tire’s most loyal customers
 Successful management of higher credit risk through the economic
cycle
 Extensive customer data and strong analytics capability
 Award winning customer service
 Highly effective customer acquisition through retail channels
Our growth plan
 Growing gross average accounts receivable (GAAR)
 Increasing acquisition of loyal Canadian Tire customers and
generating higher profitability from these accounts
 Increasing share of tender across all CTC banners
 Strengthening digital/mobile capabilities
How we win
 Reinvigorating the value proposition of credit cards
 Tighter integration with retail banners and Dealers
 Scotiabank partnership creating growth through co-marketing
opportunities
FINANCIAL HIGHLIGHTS(2016)
Revenue $1.1B +0.6%
GAAR $4.9B +1.5%
Average number of accounts with a
balance (thousands)
1,832 -0.5%
Return on receivables 7.40%
How we fit in the CTC Family
 Earnings generator
 Supports core retail business
12
11,786
12,463 12,280
12,681
9,500
10,500
11,500
12,500
2013 2014 2015 2016
Consolidated Revenue
(C$ in millions)1
Delivering Solid Results
1,236 1,376 1,519 1,562
0
1,000
2,000
2013 2014 2015 2016
Consolidated EBITDA
(C$ in millions)1
7.02
7.94
8.61
$5
$7
$9
2013 2014 2015 2016
Adjusted Diluted EPS attributable to
owners of CTC ($)1,2
9.22
28.2%
28.9%
30.0%
31.1%
26.0%
27.0%
28.0%
29.0%
30.0%
31.0%
32.0%
2013 2014 2015 2016
Retail gross margin
(% of revenue)
6.76%
7.32% 7.36% 7.40%
6.4%
6.6%
6.8%
7.0%
7.2%
7.4%
7.6%
2013 2014 2015 2016
Financial Services Return on
Receivables (%)
13
1 – Results for the full-year 2014 included 53 weeks while all other years were 52 weeks
2 – Refer to Section 11.3.2 and 10.3 of the Company’s Q4 and full-year 2016, 2015 and 2014 MD&A , respectively, for additional information on adjusted diluted EPS.
2017 Strategic Imperatives
14
Achieve sustainable growth by strengthening the
Company’s brands, product offerings and
enhancing customer experiences (connections)
Drive profitability, operational excellence, and
increased efficiencies in core businesses
Transform the business by developing a high-
performing, talented, and results oriented
company
1
2
3
Balanced Capital Allocation
1 2 3 4Invest in the
business
Repurchase shares/
grow dividend
(Target payout ratio 25%-30%)
Maintain investment
grade credit rating
Inorganic growth
opportunities
 Since 2012, Canadian Tire Corporation has
returned in excess of $2.1B to shareholders1
while investing $2.7B in its store network2, IT
and distribution capacity3,4
 Announced intention in November 2016 to
repurchase $550M Class A Non-Voting
shares in excess of anti-dilutive repurchases
beginning in 20173
 Canadian Tire Corporation maintains a BBB
(high) and BBB+ rating and a stable outlook
from DBRS and S&P, respectively.
* Excluding REIT capital. ** Buybacks in excess of anti-dilutive buybacks 1 – Dividends and share buybacks in excess of anti-dilutive buybacks
2 – Excludes REIT capital
3 – See slide 18 for Q3 2016 dividend and share buyback announcements and slides 22 and 23 for
updated 2016 and 2017 guidance
4 – Includes Q1 2017 CAPEX, dividends and share buyback
15
0.3
0.5 0.5
0.7
0.6
0.1
0.1 0.1
0.2
0.2
0.0
0.1
0.3
0.4
0.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2012 2013 2014 2015 2016
CAPEX* Dividends Share Repurchase**
$0.5B
$0.7B
$1.0B
$1.3B
$1.2B
 For 2017, forecast operating CAPEX of $400M to $425M (additional DC capacity CAPEX in the range of $25M to $50M)
 2017 includes Retail store network investment, and investment in IT and in digital technology.
 Forecast operating CAPEX for 2017 does not include third-party REIT acquisitions nor does it include funding that would be earmarked to
address opportunities to invest in operational efficiency initiatives that may be identified throughout the course of the year.
Capital Investments
CAPITAL INVESTMENTS
(2012 – 2016)1
1 –Excludes REIT capital
% of Revenue
16
40%
31%
$0.3B
$0.5B $0.5B
21%
$0.7B
7%
$0.6B
3%
5%
4%
5%
5%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
0
100
200
300
400
500
600
700
800
900
1,000
2012 2013 2014 2015 2016
Store Network IT Supply Chain/DC Other
Shareholder Value Creation
CT REIT Initial Public Offering (IPO October 2013)
 CTC retained 83.1% majority interest in CT REIT allowing CTC to retain control over its real estate
properties
 Surfaced the value of CTC’s real estate
 Created a stand-alone vehicle for CTC’s real estate which will support continued real estate investment
 Provide CTC with increased financial flexibility to pursue new opportunities to invest in and grow the
business
Scotiabank Partnership Transaction (Completed August 2014)
 Scotiabank purchased 20% minority interest in Canadian Tire’s Financial Services business for $500
million
 Scotiabank provided committed funding facility of $2.25 billion to backstop funding of Financial Services’
credit card receivables
 Partners identifying co-marketing opportunities to improve customer loyalty and generate incremental
sales through sponsorships and new products and services
 Canadian Tire and Scotiabank aligned on community-based initiatives and sports partnerships
17
Returning Value to Shareholders
Dividends
 Q3 2016 – increased annual dividend to $2.60 per share, up 13.0%
 Q3 2015 – increased annual dividend to $2.30 per share, up 9.5%
 Q3 2014 – increased annual dividend to $2.10 per share, up 5.0%
 Q1 2014 – increased annual dividend to $2.00 per share, up 14.3%
Share Repurchases
 Q1 2017 – repurchased $137.5M of Class A Non-Voting shares (beyond anti-dilutive)
 Q3 2016 – announced the intention to repurchase $550M of Class A Non-Voting shares (beyond
anti-dilutive) during Fiscal 2017
 2016 – repurchased $440M of Class A Non-Voting shares (beyond anti-dilutive)
 2015 – repurchased $426M of Class A Non-Voting shares (beyond anti-dilutive)
 2014 – repurchased $284M of Class A Non-Voting shares (beyond anti-dilutive)
 2012 – 2013 – repurchased $121M of Class A Non-Voting shares (beyond anti-dilutive)
 All announced share repurchase intentions for the above years were fulfilled
18
$0.56
$0.64
$0.72
$0.82 $0.84 $0.84
$1.10
$1.20
$1.40
$1.88
$2.10
$2.30
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016*
Returning Value to Shareholders
Policy to maintain dividend payments equal to 25% to
30% of the prior year’s normalized basic net earnings
Member of S&P/TSX Canadian Dividend Aristocrats index
Annual Dividends Paid
• In Q3 2016, CTC announced an annual dividend increase of 13.0% to $2.60 per share
to be paid during 2017
19
13.7% CAGR
Canadian Tire – a Strong Investment Proposition
$12.7 billion in revenue
33.2 million retail square feet
Financial Services GAAR of $4.9B
20
Extensive reach and scale of business
 90% of Canadians located 15 minutes from a Canadian Tire store
 National presence with +1,700 retail and gasoline outlets
 One in five Canadians hold a Canadian Tire Options MasterCard
Differentiators
 ~490 Associate Dealers in local communities across Canada
 Attracting and retaining world-class talent to grow businesses
 Experienced leadership in key functions across the Company
 Continued focus on brand-led organization
Delivering strong financial results
 Delivering strong financial results
 Clearly defined growth plan with underlying financial aspirations
 Strong balance sheet and multiple funding sources
 Committed to balanced approach for returning capital to shareholders
2017 Outlook
21
2017 Outlook
22
 Operating expense growth aligned with revenue growth
 Effective tax rate estimate: 27.0% for 2017
 In 2017, operating CAPEX estimated between $400 million and $425 million due primarily to Retail
store network investment, and investment in IT and in digital technology.
 Additional CAPEX:
 Approximately $25 million to $50 million associated with future distribution capacity in 2017
 Third-party property acquisitions by CT REIT
 Operational efficiency initiatives
 Expected three year (2015-2017) average annual operating CAPEX between $450 million and $500
million to support investments in digital technology and Retail store network growth
Three Year Financial Aspirations
2015 – 20171,2
Financial Aspirations3 Details
Retail sales (POS) growth
(annual aspirations)
Canadian Tire retail – 3%+
Mark’s – 5%+
FGL Sports - 9%+
Aspirations separated by banner to better reflect
different stages of maturity/growth of individual retail
banners
Based on annual square footage growth estimates
and same store sales assumptions
Diluted earnings per share (EPS)
(average over three year period)
8% to 10%
Consolidated diluted EPS attributable to owners of
Canadian Tire Corporation
Return on invested capital
(aspiration by end of 2017)
9%+
Long-term aspiration remains 10%+
Aspiration of 9% to be achieved by end of three
year period
Return on receivables (ROR)
(annual aspiration)
6%+
Based on assumptions for rate of receivables
growth and operating expense management
1 Established on October 9, 2014 at Canadian Tire Investor Day
2 Forward looking information – refer to slide 2 for additional information
3. Refer to Section 5.0 of the Q4 and full-year 2016 MD&A for additional information of the Company’s three year financial aspirations
23
24
For more information
http://investors.canadiantire.ca
lisa.greatrix@cantire.com or (416) 480-8725
Download our Investor Relations App
Follow us on twitter @CanTireCorp

Contenu connexe

Tendances

TDS - USC Q4 2016 operating results final
TDS - USC Q4 2016 operating results finalTDS - USC Q4 2016 operating results final
TDS - USC Q4 2016 operating results finalTelephoneDataSystems
 
Q3 FY17 Financial Results Presentation
Q3 FY17 Financial Results PresentationQ3 FY17 Financial Results Presentation
Q3 FY17 Financial Results Presentationnutanixipo
 
Inv pres q2_2017_final
Inv pres q2_2017_finalInv pres q2_2017_final
Inv pres q2_2017_finalCNOServices
 
Second Quarter Fiscal 2017
Second Quarter Fiscal 2017Second Quarter Fiscal 2017
Second Quarter Fiscal 2017sanmina2017ir
 
Q117 nielsen-earnings webcast final
Q117 nielsen-earnings webcast finalQ117 nielsen-earnings webcast final
Q117 nielsen-earnings webcast finalnielsen_holdings
 
2017 First Quarter Earnings Presentation
2017 First Quarter Earnings Presentation2017 First Quarter Earnings Presentation
2017 First Quarter Earnings Presentationsanmina2017ir
 
Q2 2017 earnings presentation final
Q2 2017 earnings presentation finalQ2 2017 earnings presentation final
Q2 2017 earnings presentation finalingersollrand2016
 
Visa inc. q2 2017 financial results conference call presentation
Visa inc. q2 2017 financial results conference call   presentationVisa inc. q2 2017 financial results conference call   presentation
Visa inc. q2 2017 financial results conference call presentationvisainc
 
1 q18 earnings deck final_ready_for_release
1 q18 earnings deck final_ready_for_release1 q18 earnings deck final_ready_for_release
1 q18 earnings deck final_ready_for_releaseadpinvestors
 
3Q 2017 ADP Earnings Deck Final
3Q 2017 ADP Earnings Deck Final3Q 2017 ADP Earnings Deck Final
3Q 2017 ADP Earnings Deck Finaladpinvestors
 
Q3 fy16 earnings slides
Q3 fy16 earnings slidesQ3 fy16 earnings slides
Q3 fy16 earnings slidesir_cisco
 
3 q17 presentation final
3 q17 presentation   final3 q17 presentation   final
3 q17 presentation finalaoncorp
 
Boston 2016 slides master slides - draft sept2 v2
Boston 2016 slides   master slides - draft sept2 v2Boston 2016 slides   master slides - draft sept2 v2
Boston 2016 slides master slides - draft sept2 v2molsoncoorsir
 
Investor deck may 2017 v5
Investor deck may 2017 v5Investor deck may 2017 v5
Investor deck may 2017 v5synacor2016ir
 
Q217 nielsen-earnings webcast-final 640 pm
Q217 nielsen-earnings webcast-final 640 pmQ217 nielsen-earnings webcast-final 640 pm
Q217 nielsen-earnings webcast-final 640 pmnielsen_holdings
 
Investor Relations Overview - February
Investor Relations Overview - FebruaryInvestor Relations Overview - February
Investor Relations Overview - Februaryaoncorp
 
ADP Q4 2017 Earnings Deck Final_7.26.17
ADP Q4 2017 Earnings Deck Final_7.26.17ADP Q4 2017 Earnings Deck Final_7.26.17
ADP Q4 2017 Earnings Deck Final_7.26.17adpinvestors
 

Tendances (20)

2 q17 earnings presentation final
2 q17 earnings presentation   final2 q17 earnings presentation   final
2 q17 earnings presentation final
 
TDS - USC Q4 2016 operating results final
TDS - USC Q4 2016 operating results finalTDS - USC Q4 2016 operating results final
TDS - USC Q4 2016 operating results final
 
Q3 FY17 Financial Results Presentation
Q3 FY17 Financial Results PresentationQ3 FY17 Financial Results Presentation
Q3 FY17 Financial Results Presentation
 
Inv pres q2_2017_final
Inv pres q2_2017_finalInv pres q2_2017_final
Inv pres q2_2017_final
 
Second Quarter Fiscal 2017
Second Quarter Fiscal 2017Second Quarter Fiscal 2017
Second Quarter Fiscal 2017
 
Q117 nielsen-earnings webcast final
Q117 nielsen-earnings webcast finalQ117 nielsen-earnings webcast final
Q117 nielsen-earnings webcast final
 
2017 First Quarter Earnings Presentation
2017 First Quarter Earnings Presentation2017 First Quarter Earnings Presentation
2017 First Quarter Earnings Presentation
 
Q2 2017 earnings presentation final
Q2 2017 earnings presentation finalQ2 2017 earnings presentation final
Q2 2017 earnings presentation final
 
Visa inc. q2 2017 financial results conference call presentation
Visa inc. q2 2017 financial results conference call   presentationVisa inc. q2 2017 financial results conference call   presentation
Visa inc. q2 2017 financial results conference call presentation
 
1 q18 earnings deck final_ready_for_release
1 q18 earnings deck final_ready_for_release1 q18 earnings deck final_ready_for_release
1 q18 earnings deck final_ready_for_release
 
3Q 2017 ADP Earnings Deck Final
3Q 2017 ADP Earnings Deck Final3Q 2017 ADP Earnings Deck Final
3Q 2017 ADP Earnings Deck Final
 
Q3 fy16 earnings slides
Q3 fy16 earnings slidesQ3 fy16 earnings slides
Q3 fy16 earnings slides
 
Q1 2017 Earnings Presentation
Q1 2017 Earnings PresentationQ1 2017 Earnings Presentation
Q1 2017 Earnings Presentation
 
3 q17 presentation final
3 q17 presentation   final3 q17 presentation   final
3 q17 presentation final
 
Boston 2016 slides master slides - draft sept2 v2
Boston 2016 slides   master slides - draft sept2 v2Boston 2016 slides   master slides - draft sept2 v2
Boston 2016 slides master slides - draft sept2 v2
 
Fourth Quarter 2015
Fourth Quarter 2015 Fourth Quarter 2015
Fourth Quarter 2015
 
Investor deck may 2017 v5
Investor deck may 2017 v5Investor deck may 2017 v5
Investor deck may 2017 v5
 
Q217 nielsen-earnings webcast-final 640 pm
Q217 nielsen-earnings webcast-final 640 pmQ217 nielsen-earnings webcast-final 640 pm
Q217 nielsen-earnings webcast-final 640 pm
 
Investor Relations Overview - February
Investor Relations Overview - FebruaryInvestor Relations Overview - February
Investor Relations Overview - February
 
ADP Q4 2017 Earnings Deck Final_7.26.17
ADP Q4 2017 Earnings Deck Final_7.26.17ADP Q4 2017 Earnings Deck Final_7.26.17
ADP Q4 2017 Earnings Deck Final_7.26.17
 

Similaire à June 2017 investor deck final

Investor presentation november 2016 final
Investor presentation   november 2016 finalInvestor presentation   november 2016 final
Investor presentation november 2016 finalInvestorCanadianTire
 
Q1 2016 conference call slides final
Q1 2016 conference call slides   finalQ1 2016 conference call slides   final
Q1 2016 conference call slides finalInvestorCanadianTire
 
Q3 2015 Canadian Tire Corporation Earnings Conference Call Presentation
Q3 2015 Canadian Tire Corporation Earnings Conference Call PresentationQ3 2015 Canadian Tire Corporation Earnings Conference Call Presentation
Q3 2015 Canadian Tire Corporation Earnings Conference Call PresentationInvestorCanadianTire
 
Investor presentation september 2015
Investor presentation september 2015Investor presentation september 2015
Investor presentation september 2015InvestorCanadianTire
 
Investor presentation december 2015
Investor presentation   december 2015Investor presentation   december 2015
Investor presentation december 2015InvestorCanadianTire
 
TCF Investor Presentation - February 2020
TCF Investor Presentation - February 2020TCF Investor Presentation - February 2020
TCF Investor Presentation - February 2020JustinHorstman1
 
Baird ESG Investor Conference
Baird ESG Investor ConferenceBaird ESG Investor Conference
Baird ESG Investor ConferenceWinnebagoInd
 
CL King NDR February 2022
CL King NDR February 2022CL King NDR February 2022
CL King NDR February 2022WinnebagoInd
 

Similaire à June 2017 investor deck final (20)

Investor presentation november 2016 final
Investor presentation   november 2016 finalInvestor presentation   november 2016 final
Investor presentation november 2016 final
 
March 2017 investor deck (final)
March 2017 investor deck (final)March 2017 investor deck (final)
March 2017 investor deck (final)
 
Q1 2016 conference call slides final
Q1 2016 conference call slides   finalQ1 2016 conference call slides   final
Q1 2016 conference call slides final
 
Q2 2016 Earnings Presentation
Q2 2016 Earnings PresentationQ2 2016 Earnings Presentation
Q2 2016 Earnings Presentation
 
Q3 2016 conf call slides final
Q3 2016 conf call slides finalQ3 2016 conf call slides final
Q3 2016 conf call slides final
 
Ctc q3 2017 investor deck final
Ctc q3 2017 investor deck finalCtc q3 2017 investor deck final
Ctc q3 2017 investor deck final
 
Ctc q3 2017 investor deck final
Ctc q3 2017 investor deck finalCtc q3 2017 investor deck final
Ctc q3 2017 investor deck final
 
Ctc q3 2017 investor deck final
Ctc q3 2017 investor deck finalCtc q3 2017 investor deck final
Ctc q3 2017 investor deck final
 
Q3 2015 Canadian Tire Corporation Earnings Conference Call Presentation
Q3 2015 Canadian Tire Corporation Earnings Conference Call PresentationQ3 2015 Canadian Tire Corporation Earnings Conference Call Presentation
Q3 2015 Canadian Tire Corporation Earnings Conference Call Presentation
 
Q4 2016 conf call slides final
Q4 2016 conf call slides finalQ4 2016 conf call slides final
Q4 2016 conf call slides final
 
Investor presentation september 2015
Investor presentation september 2015Investor presentation september 2015
Investor presentation september 2015
 
Q4 2015 conf call slides
Q4 2015 conf call slides  Q4 2015 conf call slides
Q4 2015 conf call slides
 
Investor presentation december 2015
Investor presentation   december 2015Investor presentation   december 2015
Investor presentation december 2015
 
Investor Day 2013: Aeroplan 2.0
Investor Day 2013: Aeroplan 2.0Investor Day 2013: Aeroplan 2.0
Investor Day 2013: Aeroplan 2.0
 
Investor Day 2013: Aeroplan 2.0
Investor Day 2013: Aeroplan 2.0Investor Day 2013: Aeroplan 2.0
Investor Day 2013: Aeroplan 2.0
 
TCF Investor Presentation - February 2020
TCF Investor Presentation - February 2020TCF Investor Presentation - February 2020
TCF Investor Presentation - February 2020
 
Baird ESG Investor Conference
Baird ESG Investor ConferenceBaird ESG Investor Conference
Baird ESG Investor Conference
 
3Q 2016 Earnings Conference Call Presentation
3Q 2016 Earnings Conference Call Presentation3Q 2016 Earnings Conference Call Presentation
3Q 2016 Earnings Conference Call Presentation
 
2018 cagny presentation
2018 cagny presentation2018 cagny presentation
2018 cagny presentation
 
CL King NDR February 2022
CL King NDR February 2022CL King NDR February 2022
CL King NDR February 2022
 

Dernier

VIP Call Girls Mehsana 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Mehsana 7001035870 Whatsapp Number, 24/07 BookingVIP Call Girls Mehsana 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Mehsana 7001035870 Whatsapp Number, 24/07 Bookingdharasingh5698
 
Collective Mining | Corporate Presentation - May 2024
Collective Mining | Corporate Presentation - May 2024Collective Mining | Corporate Presentation - May 2024
Collective Mining | Corporate Presentation - May 2024CollectiveMining1
 
Diligence Checklist for Early Stage Startups
Diligence Checklist for Early Stage StartupsDiligence Checklist for Early Stage Startups
Diligence Checklist for Early Stage StartupsTILDEN
 
Teekay Corporation Q1-24 Earnings Results
Teekay Corporation Q1-24 Earnings ResultsTeekay Corporation Q1-24 Earnings Results
Teekay Corporation Q1-24 Earnings ResultsTeekay Corporation
 
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts PodanurTop Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanurdharasingh5698
 
countries with the highest gold reserves in 2024
countries with the highest gold reserves in 2024countries with the highest gold reserves in 2024
countries with the highest gold reserves in 2024Kweku Zurek
 
The Leonardo 1Q 2024 Results Presentation
The Leonardo 1Q 2024 Results PresentationThe Leonardo 1Q 2024 Results Presentation
The Leonardo 1Q 2024 Results PresentationLeonardo
 
VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...
VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...
VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...SUHANI PANDEY
 
Dattawadi ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready Fo...
Dattawadi ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready Fo...Dattawadi ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready Fo...
Dattawadi ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready Fo...tanu pandey
 
Call Girls Chandigarh Just Call 8868886958 Top Class Call Girl Service Available
Call Girls Chandigarh Just Call 8868886958 Top Class Call Girl Service AvailableCall Girls Chandigarh Just Call 8868886958 Top Class Call Girl Service Available
Call Girls Chandigarh Just Call 8868886958 Top Class Call Girl Service AvailableSheetaleventcompany
 
Editing progress 20th march.docxxxxxxxxx
Editing progress 20th march.docxxxxxxxxxEditing progress 20th march.docxxxxxxxxx
Editing progress 20th march.docxxxxxxxxxMollyBrown86
 
Call Girls Marunji Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Marunji Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Marunji Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Marunji Call Me 7737669865 Budget Friendly No Advance Bookingroncy bisnoi
 
B2 Interpret the brief.docxccccccccccccccc
B2 Interpret the brief.docxcccccccccccccccB2 Interpret the brief.docxccccccccccccccc
B2 Interpret the brief.docxcccccccccccccccMollyBrown86
 
Vijayawada ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready F...
Vijayawada ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready F...Vijayawada ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready F...
Vijayawada ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready F...tanu pandey
 
VIP Call Girls Junagadh 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Junagadh 7001035870 Whatsapp Number, 24/07 BookingVIP Call Girls Junagadh 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Junagadh 7001035870 Whatsapp Number, 24/07 Bookingdharasingh5698
 
Collective Mining | Corporate Presentation - May 2024
Collective Mining | Corporate Presentation - May 2024Collective Mining | Corporate Presentation - May 2024
Collective Mining | Corporate Presentation - May 2024CollectiveMining1
 
VIP Call Girls Kheda 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Kheda 7001035870 Whatsapp Number, 24/07 BookingVIP Call Girls Kheda 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Kheda 7001035870 Whatsapp Number, 24/07 Bookingdharasingh5698
 
Balaji Nagar ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready...
Balaji Nagar ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready...Balaji Nagar ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready...
Balaji Nagar ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready...tanu pandey
 
Teekay Tankers Q1-24 Earnings Presentation
Teekay Tankers Q1-24 Earnings PresentationTeekay Tankers Q1-24 Earnings Presentation
Teekay Tankers Q1-24 Earnings PresentationTeekay Tankers Ltd
 

Dernier (20)

(INDIRA) Call Girl Kashmir Call Now 8617697112 Kashmir Escorts 24x7
(INDIRA) Call Girl Kashmir Call Now 8617697112 Kashmir Escorts 24x7(INDIRA) Call Girl Kashmir Call Now 8617697112 Kashmir Escorts 24x7
(INDIRA) Call Girl Kashmir Call Now 8617697112 Kashmir Escorts 24x7
 
VIP Call Girls Mehsana 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Mehsana 7001035870 Whatsapp Number, 24/07 BookingVIP Call Girls Mehsana 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Mehsana 7001035870 Whatsapp Number, 24/07 Booking
 
Collective Mining | Corporate Presentation - May 2024
Collective Mining | Corporate Presentation - May 2024Collective Mining | Corporate Presentation - May 2024
Collective Mining | Corporate Presentation - May 2024
 
Diligence Checklist for Early Stage Startups
Diligence Checklist for Early Stage StartupsDiligence Checklist for Early Stage Startups
Diligence Checklist for Early Stage Startups
 
Teekay Corporation Q1-24 Earnings Results
Teekay Corporation Q1-24 Earnings ResultsTeekay Corporation Q1-24 Earnings Results
Teekay Corporation Q1-24 Earnings Results
 
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts PodanurTop Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
 
countries with the highest gold reserves in 2024
countries with the highest gold reserves in 2024countries with the highest gold reserves in 2024
countries with the highest gold reserves in 2024
 
The Leonardo 1Q 2024 Results Presentation
The Leonardo 1Q 2024 Results PresentationThe Leonardo 1Q 2024 Results Presentation
The Leonardo 1Q 2024 Results Presentation
 
VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...
VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...
VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...
 
Dattawadi ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready Fo...
Dattawadi ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready Fo...Dattawadi ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready Fo...
Dattawadi ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready Fo...
 
Call Girls Chandigarh Just Call 8868886958 Top Class Call Girl Service Available
Call Girls Chandigarh Just Call 8868886958 Top Class Call Girl Service AvailableCall Girls Chandigarh Just Call 8868886958 Top Class Call Girl Service Available
Call Girls Chandigarh Just Call 8868886958 Top Class Call Girl Service Available
 
Editing progress 20th march.docxxxxxxxxx
Editing progress 20th march.docxxxxxxxxxEditing progress 20th march.docxxxxxxxxx
Editing progress 20th march.docxxxxxxxxx
 
Call Girls Marunji Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Marunji Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Marunji Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Marunji Call Me 7737669865 Budget Friendly No Advance Booking
 
B2 Interpret the brief.docxccccccccccccccc
B2 Interpret the brief.docxcccccccccccccccB2 Interpret the brief.docxccccccccccccccc
B2 Interpret the brief.docxccccccccccccccc
 
Vijayawada ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready F...
Vijayawada ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready F...Vijayawada ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready F...
Vijayawada ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready F...
 
VIP Call Girls Junagadh 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Junagadh 7001035870 Whatsapp Number, 24/07 BookingVIP Call Girls Junagadh 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Junagadh 7001035870 Whatsapp Number, 24/07 Booking
 
Collective Mining | Corporate Presentation - May 2024
Collective Mining | Corporate Presentation - May 2024Collective Mining | Corporate Presentation - May 2024
Collective Mining | Corporate Presentation - May 2024
 
VIP Call Girls Kheda 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Kheda 7001035870 Whatsapp Number, 24/07 BookingVIP Call Girls Kheda 7001035870 Whatsapp Number, 24/07 Booking
VIP Call Girls Kheda 7001035870 Whatsapp Number, 24/07 Booking
 
Balaji Nagar ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready...
Balaji Nagar ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready...Balaji Nagar ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready...
Balaji Nagar ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready...
 
Teekay Tankers Q1-24 Earnings Presentation
Teekay Tankers Q1-24 Earnings PresentationTeekay Tankers Q1-24 Earnings Presentation
Teekay Tankers Q1-24 Earnings Presentation
 

June 2017 investor deck final

  • 1. Canadian Tire Corporation Investor Presentation June 2017
  • 2. Forward looking information 2 This document contains forward-looking statements that reflect management’s current expectations related to matters such as future financial performance and operating results of the Company. Forward-looking statements are provided for the purposes of providing information about Management’s current expectations and plans and allowing investors and others to get a better understanding of the Company’s financial position, results of operations and operating environment. Readers are cautioned that such information may not be appropriate for other circumstances. All statements other than statements of historical facts included in this document may constitute forward-looking statements, including but not limited to, statements concerning Management’s current expectations relating to possible or assumed future prospects and results, the Company’s strategic goals and priorities, its actions and the results of those actions and the economic and business outlook for the Company. Often, but not always, forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “believe”, “estimate”, “plan”, “can”, “could”, “should”, “would”, “outlook”, “forecast”, “anticipate”, “aspire”, “foresee”, “continue”, “ongoing” or the negative of these terms or variations of them or similar terminology. Forward-looking statements are based on the reasonable assumptions, estimates, analyses, beliefs and opinions of Management, made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that Management believes to be relevant and reasonable at the date that such statements are made. By their very nature, forward-looking statements require Management to make assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that the Company’s assumptions, estimates, analyses, beliefs and opinions may not be correct and that the Company’s expectations and plans will not be achieved. Examples of Management’s beliefs, which may prove to be incorrect, include, but are not limited to, beliefs about the effectiveness of certain performance measures, beliefs about current and future competitive conditions and the Company’s position in the competitive environment, beliefs about the Company’s core capabilities and beliefs regarding the availability of sufficient liquidity to meet the Company’s contractual obligations. Although the Company believes that the forward-looking statements in this document are based on information, assumptions and beliefs that are current, reasonable and complete, these statements are necessarily subject to a number of factors that could cause actual results to differ materially from Management’s expectations and plans as set forth in such forward-looking statements. Some of the factors, many of which are beyond the Company’s control and the effects of which can be difficult to predict, include: (a) credit, market, currency, operational, liquidity and funding risks, including changes in economic conditions, interest rates or tax rates; (b) the ability of the Company to attract and retain high quality employees for all of its businesses, Dealers, Canadian Tire Petroleum retailers and Mark’s and FGL Sports franchisees, as well as the Company’s financial arrangements with such parties; (c) the growth of certain business categories and market segments and the willingness of customers to shop at its stores or acquire its financial products and services; (d) the Company’s margins and sales and those of its competitors; (e) the changing consumer preferences toward eCommerce, online retailing and the introduction of new technologies; (f) risks and uncertainties relating to information management, technology, cyber threats, property management and development, environmental liabilities, supply chain management, product safety, changes in law, regulation, competition, seasonality, weather patterns, commodity prices and business disruption, the Company’s relationships with suppliers, manufacturers, partners and other third parties, changes to existing accounting pronouncements, the risk of damage to the reputation of brands promoted by the Company and the cost of store network expansion and retrofits; (g) the Company’s capital structure, funding strategy, cost management programs and share price; and (h) the Company’s ability to obtain all necessary regulatory approvals. Management cautions that the foregoing list of important factors and assumptions is not exhaustive and other factors could also adversely affect the Company’s results. Investors and other readers are urged to consider the foregoing risks, uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. For more information on the risks, uncertainties and assumptions that could cause the Company's actual results to differ from current expectations, please refer to sections 7.2.4 (Retail segment business risks), 7.3.2 (CT REIT segment business risks), 7.4.3 (Financial Services segment business risks) and 12.0 (Enterprise risk management) and all subsections thereunder of the MD&A contained in the Company’s 2016 Report to Shareholders. Please also refer to section 2.10 (Risk Factors) of the Company’s Annual Information Form for fiscal 2016, as well as the Company’s other public filings, available on the SEDAR (System for Electronic Document Analysis and Retrieval) website at www.sedar.com and at investors.canadiantire.ca Forward-looking statements do not take into account the effect that transactions or non-recurring or other special items announced or occurring after the statements are made, have on the Company’s business. For example, they do not include the effect of any dispositions, acquisitions, asset write downs or other charges announced or occurring after such statements are made. The forward-looking statements and information contained herein are based on certain factors and assumptions as of the date hereof. The Company does not undertake to update any forward- looking statements, whether written or oral, that may be made from time to time by it or on its behalf, to reflect new information, future events or otherwise, unless required by applicable securities laws. 2
  • 3. $423.0 $409.8 $228.3 $1,380.5 $2,445.5 +8.5% Retail Revenue by Banner3 First Quarter Results Q1 RETAIL SALES GROWTH CANADIAN TIRE +2.0% FGL SPORTS -1.4% MARK’S +5.7% Q1 DILUTED EPS $1.27 +37.8% Q1 RETAIL ROIC2,3 8.58% Q1 FINANCIAL SERVICES RETURN ON RECEIVABLES2,3 7.41% 1,2 1 – Figures are calculated on a rolling 12-month basis. 2 – Refer to Section 9.3.1 of the Q1 2016 MD&A for additional information on the Company’s key operating performance measures. 3 – Revenue reported for Canadian Tire, FGL Sports, Mark’s, and Petroleum includes intersegment revenue. FGL Sports revenue has been restated for the 13 weeks ended April 2, 2016 to exclude revenue from its business-to-business operation. Therefore, in aggregate revenue for Canadian Tire, FGL Sports, Mark’s, and Petroleum will not equal total revenue for the Retail segment. +5.4% -2.7% +0.5% Q1 SAME-STORE SALES CANADIAN TIRE FGL SPORTS MARK’S 3
  • 4. Q1 Operational Highlights Many of the operational initiatives put in place at Canadian Tire Retail are now being implemented at FGL as we move to Phase 2 of FGL's growth agenda . “We have delivered strong earnings performance in both our Financial Services and Retail segment, and in particular we saw strong revenue growth at CTR. The organization is focused on the right initiatives for 2017 and we have good momentum leading into our primary selling seasons” -Stephen Wetmore, President & CEO, CTC CTR and our Consumer Brands Division have committed to growing strategic categories through owned brands. Kitchen is a primary target and is highlighted by the acquisition of Paderno early in Q2. Applying empirical analysis to our assortment planning which allows for and drives smarter promotional productivity. 4
  • 5. Corporate Overview Family of businesses Bringing our customers the products they need for the jobs and joys of life in Canada. Our strengths  Strong iconic brands that Canadians love  Market leadership and credibility in heritage categories  Financial flexibility / REIT / Scotiabank transaction  Strong balance sheet / credit rating  +1,700 bricks and mortar locations across Canada  Shared real estate, marketing, supply chain, support services Our growth plan  Growth and integration of in-store digital and e-commerce  Leading customer loyalty and reward programs  Engaging digital marketing, use of sponsorships and powerful content  Continue to invest to strengthen our core businesses  Increased focus on private brands  Culture of productivity with a performance management focus How we win  Exceeding customer expectations with best omni-channel retail platforms  Conduit between customers and the best consumer brands in the world  Building our brands and exclusivity  Family of CTC businesses – strong coalition  Sports and community partnerships FINANCIAL HIGHLIGHTS (2016) GROWTH (YoY) Revenue $12.7B +3.3% Net Income (attributable to shareholders of CTC) $669.1M +1.5% Diluted Earnings Per Share $9.22 +7.1% MARKET LEADERSHIP  Leadership position across heritage/core business categories: Automotive, Living, Fixing & Playing  #1 in Men’s Industrial & Casual Apparel  1 in 5 Canadians hold a Canadian Tire credit card 5
  • 6. PRINCE EDWARD ISLAND 2 2 2 0 0 NEW BRUNSWICK 19 9 13 15 0 NEWFOUNDLAND AND LABRADOR 13 6 8 12 0 QUEBEC 100 160 45 59 0 MANITOBA 15 11 13 6 6 NOVA SCOTIA 22 11 17 9 3 ONTARIO 203 120 143 166 61 BRITISH COLUMBIA 53 46 59 4 0 STORE TOTAL 501 434 382 296 90 Our Retail Network Across Canada *Reflects store network as of the end of Q1 2017 4 CTR distribution centres 1 Mark’s distribution centres 1 Joint Mark’s and FGL Sports DC 4 Transload facilities 3 Auto parts distribution centres 3 FGL sports distribution centres DISTRIBUTION FACILITIES 6 YUKON 1 1 1 0 0 NORTHWEST TERRITORIES 1 0 1 0 0 ALBERTA 56 54 65 19 15 SASKATCHEWAN 16 13 15 6 6
  • 7. Our Core Business is Retail Six key business categories 2016 REVENUE = C$12.7B1 C$8.3B C$2.2B C$1.2B C$1.1B ‣ Gas ‣ Auto Parts ‣ Tires & Power Sports ‣ Auto Service ‣ Car Care & Accessories ‣ Roadside Assistance ‣ Home Cleaning ‣ Home Décor ‣ Home Org ‣ Kitchen ‣ Backyard Living & Fun ‣ Gardening ‣ Outdoor Tools ‣ Seasonal ‣ Home Services ‣ Home Repair ‣ Paint ‣ Tools ‣ Hockey ‣ Golf ‣ Cycling ‣ Fitness ‣ Camping ‣ Hunting ‣ Fishing ‣ Industrial Wear ‣ Men’s Wear ‣ Women’s Wear ‣ Athletic Apparel ‣ Footwear ‣ Accessories ‣ Credit Cards ‣ Retail Deposits ‣ In-store Warranties ‣ Insurance ‣ Deferred & Installment Payments 71 -Inter-segment revenue within the retail banners of $188.5 million in 2016 (2015 - $133.1 million) has been eliminated at the Retail segment level. Revenue reported for Canadian Tire, FGL Sports, Mark’s, and Petroleum includes inter-segment revenue.
  • 8. FINANCIAL HIGHLIGHTS (2016) BANNERS Revenue $6.7B Sales growth +5.6% Same store sales growth +4.2% Canadian Tire store count 500 Canadian Tire Retail Our game plan Our strengths  One of Canada’s most trusted and iconic brands  Most knowledgeable retailer about Life in Canada  Market leader across core categories  Canada’s most read flyer – 12M / week  Local Dealer community presence and trust  Superior real estate locations and national store network Our growth plan  Strengthen Canadian Tire brand and execute generational shift in target customer  Revitalize and localize assortments, develop extended assortments and grow new product pipeline  Build out private label and exclusive brands  Test innovative store concepts (Showroom and Showcase stores) and refresh network  Analyze customer shopping data from Canadian Tire loyalty program  Create personalized customer connections and experiences  Expand e-commerce, supply chain and digital capabilities How we win  Entrepreneurial Associate Dealer model  Offer the best, most relevant assortment and exclusive products for Life in Canada  Tailored customer connections in-store, online and mobile  Sports partnerships and community engagement How we fit in the CTC Family  Mature, healthy core business, cash generator  Flagship business, central to Corporate brand  Credibility in core categories 8
  • 9. FGL Sports Our game plan Our strengths  Canada’s largest sporting goods retailer  Close relationships with elite vendor brands  Merchandising and store operations  Leader in digital marketing and concept/flagship stores  Best sports partnerships Our growth plan  Enhancing productivity of store network  Build unparalleled emotional connection with customers  Digitization of retail including stores, retail assortment, promotions and brand  Hyper personalized customer experiences across digital and physical channels How we win  Conduit for all things sport and activity in Canadian communities  Premier real estate locations  Innovative and exciting in-store experience  Community engagement and sports partnerships activation  Seamless omni experience online, in-store and mobile FINANCIAL HIGHLIGHTS(2016) BANNERS Revenue $2.2B Sales growth +6.9% Same store sales growth +6.0% Sport Chek same store sales growth +7.6% Store Count 433 ) How we fit in the CTC Family  Growth driver  Engages younger customer throughout lifecycle  Leader in digital innovation 9
  • 10. Mark’s Our game plan Our strengths  Industrial apparel, footwear and accessories  Product development, innovation and quality  Wholesale division – direct sourcing  Business to business (B2B)  Strong exclusive brands  National store network / ship from store to customer model Our growth plan  Turbo-charging men’s casual apparel & footwear  Win with 30-50 year old Canadians  Re-invigorate Quebec network  Invest in targeted marketing to new customer demographic  Expanded and bi-lingual e-commerce capabilities – retail and B2B How we win  Building brand awareness and affinity  Utilize industrial credibility to grow in adjacent categories  Complement exclusive brands with select national brands  In-store digital improvement and e-commerce expansion  Leverage enhanced sourcing capabilities FINANCIAL HIGHLIGHTS(2016) BANNERS Revenue $1.2B Sales growth +6.0% Same store sales growth +6.1% Store count 380 How we fit in the CTC Family  Reactivated growth driver  Strong customer alignment with Canadian Tire  Synergies with FGL Sports in sourcing, merchandising, supply chain and real estate 10
  • 11. CT REIT Our game plan Our strengths  Irreplaceable Canadian real estate portfolio of 302 properties totaling approximately 24.7 million square feet of GLA  Durable portfolio features  Investment grade anchor tenant - CTC  Exceptional cash flow predictability and reliable monthly distributions  Well-planned solid long-term growth Our growth plan  Acquisition and intensification opportunities  Canadian Tire Corporation property pipeline  Contractual annual rent escalations How we win  Highly diversified retail portfolio  Flexible design, configuration and dimension provides capability of supporting a multitude of retail platforms  Actively pursuing third-party retail acquisition opportunities  CT REIT is structured for stability even in potentially volatile markets How we fit in the CTC Family  CTC is a major retail tenant with strong brand recognition  Right of first offer on all CTC properties provides preferred access to captive pipeline 11 FINANCIAL HIGHLIGHTS(2016) GROWTH Property revenue $407.2M +7.7% Funds from operations $214.9M +10.4% Adjusted funds from operations $172.8M +13.9% AFFO payout ratio 79%
  • 12. Canadian Tire Bank Our game plan Our strengths  $4.9B in receivables, 1.8M active accounts including over 500K of Canadian Tire’s most loyal customers  Successful management of higher credit risk through the economic cycle  Extensive customer data and strong analytics capability  Award winning customer service  Highly effective customer acquisition through retail channels Our growth plan  Growing gross average accounts receivable (GAAR)  Increasing acquisition of loyal Canadian Tire customers and generating higher profitability from these accounts  Increasing share of tender across all CTC banners  Strengthening digital/mobile capabilities How we win  Reinvigorating the value proposition of credit cards  Tighter integration with retail banners and Dealers  Scotiabank partnership creating growth through co-marketing opportunities FINANCIAL HIGHLIGHTS(2016) Revenue $1.1B +0.6% GAAR $4.9B +1.5% Average number of accounts with a balance (thousands) 1,832 -0.5% Return on receivables 7.40% How we fit in the CTC Family  Earnings generator  Supports core retail business 12
  • 13. 11,786 12,463 12,280 12,681 9,500 10,500 11,500 12,500 2013 2014 2015 2016 Consolidated Revenue (C$ in millions)1 Delivering Solid Results 1,236 1,376 1,519 1,562 0 1,000 2,000 2013 2014 2015 2016 Consolidated EBITDA (C$ in millions)1 7.02 7.94 8.61 $5 $7 $9 2013 2014 2015 2016 Adjusted Diluted EPS attributable to owners of CTC ($)1,2 9.22 28.2% 28.9% 30.0% 31.1% 26.0% 27.0% 28.0% 29.0% 30.0% 31.0% 32.0% 2013 2014 2015 2016 Retail gross margin (% of revenue) 6.76% 7.32% 7.36% 7.40% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 2013 2014 2015 2016 Financial Services Return on Receivables (%) 13 1 – Results for the full-year 2014 included 53 weeks while all other years were 52 weeks 2 – Refer to Section 11.3.2 and 10.3 of the Company’s Q4 and full-year 2016, 2015 and 2014 MD&A , respectively, for additional information on adjusted diluted EPS.
  • 14. 2017 Strategic Imperatives 14 Achieve sustainable growth by strengthening the Company’s brands, product offerings and enhancing customer experiences (connections) Drive profitability, operational excellence, and increased efficiencies in core businesses Transform the business by developing a high- performing, talented, and results oriented company 1 2 3
  • 15. Balanced Capital Allocation 1 2 3 4Invest in the business Repurchase shares/ grow dividend (Target payout ratio 25%-30%) Maintain investment grade credit rating Inorganic growth opportunities  Since 2012, Canadian Tire Corporation has returned in excess of $2.1B to shareholders1 while investing $2.7B in its store network2, IT and distribution capacity3,4  Announced intention in November 2016 to repurchase $550M Class A Non-Voting shares in excess of anti-dilutive repurchases beginning in 20173  Canadian Tire Corporation maintains a BBB (high) and BBB+ rating and a stable outlook from DBRS and S&P, respectively. * Excluding REIT capital. ** Buybacks in excess of anti-dilutive buybacks 1 – Dividends and share buybacks in excess of anti-dilutive buybacks 2 – Excludes REIT capital 3 – See slide 18 for Q3 2016 dividend and share buyback announcements and slides 22 and 23 for updated 2016 and 2017 guidance 4 – Includes Q1 2017 CAPEX, dividends and share buyback 15 0.3 0.5 0.5 0.7 0.6 0.1 0.1 0.1 0.2 0.2 0.0 0.1 0.3 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2012 2013 2014 2015 2016 CAPEX* Dividends Share Repurchase** $0.5B $0.7B $1.0B $1.3B $1.2B
  • 16.  For 2017, forecast operating CAPEX of $400M to $425M (additional DC capacity CAPEX in the range of $25M to $50M)  2017 includes Retail store network investment, and investment in IT and in digital technology.  Forecast operating CAPEX for 2017 does not include third-party REIT acquisitions nor does it include funding that would be earmarked to address opportunities to invest in operational efficiency initiatives that may be identified throughout the course of the year. Capital Investments CAPITAL INVESTMENTS (2012 – 2016)1 1 –Excludes REIT capital % of Revenue 16 40% 31% $0.3B $0.5B $0.5B 21% $0.7B 7% $0.6B 3% 5% 4% 5% 5% -10% -8% -6% -4% -2% 0% 2% 4% 6% 8% 0 100 200 300 400 500 600 700 800 900 1,000 2012 2013 2014 2015 2016 Store Network IT Supply Chain/DC Other
  • 17. Shareholder Value Creation CT REIT Initial Public Offering (IPO October 2013)  CTC retained 83.1% majority interest in CT REIT allowing CTC to retain control over its real estate properties  Surfaced the value of CTC’s real estate  Created a stand-alone vehicle for CTC’s real estate which will support continued real estate investment  Provide CTC with increased financial flexibility to pursue new opportunities to invest in and grow the business Scotiabank Partnership Transaction (Completed August 2014)  Scotiabank purchased 20% minority interest in Canadian Tire’s Financial Services business for $500 million  Scotiabank provided committed funding facility of $2.25 billion to backstop funding of Financial Services’ credit card receivables  Partners identifying co-marketing opportunities to improve customer loyalty and generate incremental sales through sponsorships and new products and services  Canadian Tire and Scotiabank aligned on community-based initiatives and sports partnerships 17
  • 18. Returning Value to Shareholders Dividends  Q3 2016 – increased annual dividend to $2.60 per share, up 13.0%  Q3 2015 – increased annual dividend to $2.30 per share, up 9.5%  Q3 2014 – increased annual dividend to $2.10 per share, up 5.0%  Q1 2014 – increased annual dividend to $2.00 per share, up 14.3% Share Repurchases  Q1 2017 – repurchased $137.5M of Class A Non-Voting shares (beyond anti-dilutive)  Q3 2016 – announced the intention to repurchase $550M of Class A Non-Voting shares (beyond anti-dilutive) during Fiscal 2017  2016 – repurchased $440M of Class A Non-Voting shares (beyond anti-dilutive)  2015 – repurchased $426M of Class A Non-Voting shares (beyond anti-dilutive)  2014 – repurchased $284M of Class A Non-Voting shares (beyond anti-dilutive)  2012 – 2013 – repurchased $121M of Class A Non-Voting shares (beyond anti-dilutive)  All announced share repurchase intentions for the above years were fulfilled 18
  • 19. $0.56 $0.64 $0.72 $0.82 $0.84 $0.84 $1.10 $1.20 $1.40 $1.88 $2.10 $2.30 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016* Returning Value to Shareholders Policy to maintain dividend payments equal to 25% to 30% of the prior year’s normalized basic net earnings Member of S&P/TSX Canadian Dividend Aristocrats index Annual Dividends Paid • In Q3 2016, CTC announced an annual dividend increase of 13.0% to $2.60 per share to be paid during 2017 19 13.7% CAGR
  • 20. Canadian Tire – a Strong Investment Proposition $12.7 billion in revenue 33.2 million retail square feet Financial Services GAAR of $4.9B 20 Extensive reach and scale of business  90% of Canadians located 15 minutes from a Canadian Tire store  National presence with +1,700 retail and gasoline outlets  One in five Canadians hold a Canadian Tire Options MasterCard Differentiators  ~490 Associate Dealers in local communities across Canada  Attracting and retaining world-class talent to grow businesses  Experienced leadership in key functions across the Company  Continued focus on brand-led organization Delivering strong financial results  Delivering strong financial results  Clearly defined growth plan with underlying financial aspirations  Strong balance sheet and multiple funding sources  Committed to balanced approach for returning capital to shareholders
  • 22. 2017 Outlook 22  Operating expense growth aligned with revenue growth  Effective tax rate estimate: 27.0% for 2017  In 2017, operating CAPEX estimated between $400 million and $425 million due primarily to Retail store network investment, and investment in IT and in digital technology.  Additional CAPEX:  Approximately $25 million to $50 million associated with future distribution capacity in 2017  Third-party property acquisitions by CT REIT  Operational efficiency initiatives  Expected three year (2015-2017) average annual operating CAPEX between $450 million and $500 million to support investments in digital technology and Retail store network growth
  • 23. Three Year Financial Aspirations 2015 – 20171,2 Financial Aspirations3 Details Retail sales (POS) growth (annual aspirations) Canadian Tire retail – 3%+ Mark’s – 5%+ FGL Sports - 9%+ Aspirations separated by banner to better reflect different stages of maturity/growth of individual retail banners Based on annual square footage growth estimates and same store sales assumptions Diluted earnings per share (EPS) (average over three year period) 8% to 10% Consolidated diluted EPS attributable to owners of Canadian Tire Corporation Return on invested capital (aspiration by end of 2017) 9%+ Long-term aspiration remains 10%+ Aspiration of 9% to be achieved by end of three year period Return on receivables (ROR) (annual aspiration) 6%+ Based on assumptions for rate of receivables growth and operating expense management 1 Established on October 9, 2014 at Canadian Tire Investor Day 2 Forward looking information – refer to slide 2 for additional information 3. Refer to Section 5.0 of the Q4 and full-year 2016 MD&A for additional information of the Company’s three year financial aspirations 23
  • 24. 24 For more information http://investors.canadiantire.ca lisa.greatrix@cantire.com or (416) 480-8725 Download our Investor Relations App Follow us on twitter @CanTireCorp