Canadian Tire earnings date and guidance
Canadian Tire's next results are expected on November 12, 2026. Canadian Tire's key watch is whether consumer demand and True North's retail gains can outrun seasonal inventory risk and bank credit losses.
What has Canadian Tire guided for the year?
Guidance is a forecast, not a binding promise. Operating capital spending is cash paid now for stores, systems, equipment and other assets that should help the business for years. On August 13, 2026, Canadian Tire lowered its 2026 operating-capital forecast because projects had been retimed and capital allocation had tightened. That preserves cash, but a postponed project also postpones its expected sales or cost benefits.
Buybacks are another use of cash. Canadian Tire’s dollar intention and its normal course issuer bid, or NCIB, are separate limits on the same activity. The NCIB is exchange-approved permission to repurchase shares, subject to a share ceiling and expiry date. Fewer shares can raise earnings per share if profit remains unchanged, but that is not the same as earning more profit from better stores.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Operating capital expenditures | Fiscal 2026 | 450.0 | 500.0 | Aug 13, 2026 |
| 2025-26 Share Repurchase Intention | Nov 2025–Dec 2026 | 400.0 | Nov 6, 2025 | |
| 2026-27 NCIB (million Class A Non-Voting Shares) | Mar 11, 2026–Mar 10, 2027 | 4.7 | Mar 9, 2026 | |
| Petroleum gas bars to be sold (count) | Remainder of fiscal 2026 | 21 | May 14, 2026 |
What this means. The share-buyback figures are limits or plans, not proof that the company has actually spent the money or bought the shares.
Has Canadian Tire kept its past promises?
The final judgment is therefore conditional. Canadian Tire’s leaders have faced real penalties for weak results and have begun a substantial reorganization, but investors still need to see whether True North produces enough lasting profit to justify the rewards already paid for building it.
What is Canadian Tire's recent revenue and profit trend?
The last eight quarters show the pattern clearly: property gains flattered late 2024, restructuring depressed early 2025, and the extra week helped late 2025. Q2 supports a recovery, but sustained Canadian Tire Retail sell-through and cash conversion are still needed.
| Jul 2026 | Apr 2026 | Jan 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,302.9 | 3,570.9 | 4,551.1 | 4,105.8 | 4,201.9 | 3,456.7 | 4,200.8 | 3,987.0 |
| Gross margin | 33.5% | 35.4% | 34.6% | 34.8% | 33.8% | 34.4% | 32.4% | 33.7% |
| Operating income | 358.5 | 245.2 | 397.4 | 322.8 | 332.6 | 121.2 | 551.4 | 380.8 |
| Net income | 192.1 | 107.0 | 211.0 | 169.1 | 168.2 | 27.3 | 365.2 | 198.5 |
| EPS, diluted | 3.65 | 2.02 | 3.96 | 3.13 | 3.07 | 0.49 | 6.54 | 3.55 |
What should investors watch in Canadian Tire's next results?
The November 12, 2026 results call should update autumn demand, capital spending and the store-refresh timetable. Through the 2027–2028 selling seasons, sell-through, Dealer restocking and seasonal markdowns will show whether demand is improving. True North must deliver measurable gains in comparable sales, productivity and Retail ROIC against its costs, while rising loan losses could weaken earnings. The investment turns on whether consumer sell-through and True North’s retail gains can outrun seasonal inventory risk and bank credit losses.