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.

Source: Yahoo.Finance.com

Date: Nov 05, 2020

Link: https://ca.finance.yahoo.com/news/canadian-tire-raises-quarterly-dividend-115028642.html

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?