Financial

Canadian Tire's SportChek Q4 comps decline

By 2023-02-17T17:14:00

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SportChek, the retail segment of publicly traded Canadian Tire, suffered a 1.7 percent decline in Q4 comparable store sales due to lower outerwear sales and “higher promotional intensity” in its markets. The 375-door group, under several banners, posted a 1.9 percent increase in Q4 sales to C$637.9 million (€460.9m) from ...

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