Canadian Tire Corporation Ltd.'s (CTC_A.TO,CTC.TO) second-quarter consolidated net income grew 26.4% to C$133.7 million or C$1.63 per share from C$105.8 million or C$1.29 per share in 2011. Quarterly net income included C$22.7 million of pre-tax costs associated with the FGL Sports banner rationalization plan announced in the second quarter.
Consolidated revenue increased 16.4% to about C$3 billion, from C$2.57 billion last year, as a result of the inclusion of FGL Sports revenue of C$335.2 million, solid sales growth across all retail businesses, and growth in Financial Services' segment revenue.
The company has declared a quarterly dividend of 30 cents per share on each Common and Class A Non-Voting share, payable December 1, 2012 to Common and Class A shareholders of record as of October 31, 2012. The dividend is considered an "eligible dividend" for tax purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.