Canadian Tire Corp Ltd Class A

CTC.A: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 613.00	Xrjhf	Hqrsnqxh

Weak Spending Environment and Competitive Angst Likely to Weigh On Canadian Tire's Results

Noah Rohr

Sep 10, 2024

Business Strategy and Outlook

With over 1,400 affiliated retail locations across multiple different banners, no-moat Canadian Tire serves as one of Canada’s leading general merchandise retailers. The firm sells a wide assortment of goods spanning automotive parts, home furnishings, appliances, and home improvement items at its iconic namesake banner, which accounts for over 500 locations. Recent acquisitions of various sporting goods and apparel chains have further bolstered its footprint and given the firm an ingrained presence in Canadian communities.

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