Toronto, ON — Canadian Tire Corporation Limited (TSX: CTC.A) announced an increase to its quarterly dividend as it reported lower third-quarter earnings, citing one-time restructuring, transformation, and advisory expenses.
The company declared a quarterly dividend of $1.80 per share, up from $1.775 per share, reflecting confidence in its long-term financial outlook and continued commitment to shareholder returns.
For the quarter ended September 27, 2025, Canadian Tire reported net income attributable to shareholders of $169.1 million, or $3.13 per diluted share, compared with $198.5 million, or $3.55 per diluted share, in the same period last year.
On a normalized basis, which excludes restructuring and transformation costs, the company earned $3.78 per diluted share, up from $3.55 a year earlier.
Revenue for the quarter rose to $4.11 billion, an increase from $3.99 billion in Q3 2024, driven by 1.8 per cent consolidated comparable sales growth across its retail banners.
- Canadian Tire stores: +1.2 per cent
- SportChek: +4.2 per cent
- Mark’s: +2.5 per cent
The company said the results reflect resilient consumer demand and the positive impact of its ongoing retail transformation strategy, despite short-term restructuring costs.