Canadian tire stock forecast

Canadian Tire Corporation, Limited. Canadian Tire is forecast to grow earnings and revenue by

This summary was created by AI, based on 14 opinions in the last 12 months. Experts have mixed opinions on Canadian Tire Corporation Ltd. Some believe it is a well-run company that has adapted to compete with online retailers and is a good opportunity at the current share price. Others are concerned about the impact of inflation, recession, and consumer spending on the stock's performance. The stock has shown volatility and missed earnings, but also has a solid balance sheet and dividend yield.

Canadian tire stock forecast

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Canadian tire stock forecast

Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people around the world achieve their financial goals through our investing services and financial advice. Our goal is to help every Canadian achieve financial freedom. The company saw revenue fall, as the demand for sporting and home items has started to slow. Canadian Tire stock reported a drop in quarterly revenue. The blame fell mainly on the slowing demand for sporting goods and home improvement items at retail locations. The results came, as Canadian consumers continued to tighten their belts. Higher costs for food and gas continue to strain spending on discretionary items.

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Canadian Tire Corporation, Limited. Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. About the company.

Alpha Earnings Calendar. Full year earnings: Revenues in line with analyst expectations Feb Federal Funds Rate. Economic Indicators. Beta 0. A great Canadian brand and does well in less-populated parts of Canada. Not excited about it. A CTC. Log in with Or sign up with Walletinvestor. For example 1.