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Time to Sell Canadian Tire Stock? Retailer Blames Weather for Q1 2023 Earnings Decline

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Time to Sell Canadian Tire Stock? Retailer Blames Weather for Q1 2023 Earnings Decline


Canadian Tire (CA:CTC.A) said it was the weather that was the big factor in its May 11 first-quarter 2023 earnings report, as the multi-brand retailer explained why revenue and sales were lower than a year ago. CTC stock dropped 2.5%. “Our Q1 financial results were impacted by a number of factors.…

#ctca #ctc #ajbilles #greghicks #canadiantire #weatheredreport #sportchek #canadians #globeandmail #brightpoints

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