Canadian Tire sees customers make fewer trips to stores to buy fewer items in Q3

News Room
By News Room 10 Min Read


TORONTO – Canadian Tire Corp. Ltd. executives are seeing early signs that consumers could soon ease up on the careful shopping habits they adopted to cope with inflation, but their outlook on the economy is still far from rosy.

“Our customer data tells us that the impact of (cuts to) interest rates has yet to translate into significantly different spending behaviour,” said chief financial officer Gregory Craig on a Thursday call with analysts.

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