Description: Canadian Tire Corp. Ltd. reported a surge in sales in its third quarter as the pandemic continued to encourage one-stop shopping and a larger “basket size” as shoppers stocked up to avoid multiple trips to the store.
Date: Nov 05, 2020
Questions for discussion:
- Summarize and explain the financials at Canadian Tire.
- How good do the numbers look, given the retail environment?
- What would you advise investors at this time?