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Company profile

CANADIAN TIRE CORP-CLASS A

Updated

Overview

Canadian Tire Corporation, Limited is a Canadian retail and services company whose businesses span general merchandise, apparel and sporting goods retail, financial services, and real estate through CT REIT. Its retail brands include Canadian Tire, Mark’s and SportChek, alongside other specialty retailers; its products serve needs including automotive, home and living, recreation, apparel, and seasonal and gardening. The company’s operations are centred in Canada, with a network of retail and gasoline outlets [1][2]. Its stated purpose is “We Are Here to Make Life in Canada Better” [3].

Founded in 1922, Canadian Tire reported C$16.3 billion in consolidated revenue for fiscal 2025. Its retail network comprised 1,690 stores, and the company describes its broader workforce—including people employed by local dealers, franchisees and petroleum retailers—as tens of thousands [4]. [1]

Products & services

Canadian Tire’s retail assortment spans Living, Playing, Fixing, Automotive, and Seasonal & Gardening. Its banners include Canadian Tire and Party City; Mark’s for casual and industrial wear; SportChek, Hockey Experts, Sports Experts and Atmosphere for activewear and sporting goods; Pro Hockey Life for hockey equipment; and PartSource for automotive products. The company’s owned brands include Mastercraft, MotoMaster and WOODS.[6][7]

Mastercraft and MotoMaster products use the PWR POD shared battery platform, which the company describes as compatible with more than 100 products, including drills and tire inflators; the retailer lists 20V MAX batteries and chargers.[8][9] Automotive services include tire and wheel work and installation, oil changes, battery replacement, brake service, inspections, diagnostics and repairs.[10][11] Financial-services offerings include Triangle Mastercard, Triangle World Elite Mastercard and Cash Advantage Mastercard, branded lines of credit, insurance marketing, high-interest savings and TFSA accounts, and GICs.[12]

For FY2025, Canadian Tire reported sales growth of 5.6% at Canadian Tire Retail, with Automotive and Seasonal & Gardening among the leading areas; SportChek grew 7.4%, led by fanwear, outerwear and hockey, while Mark’s grew 6.5%, led by men’s industrial footwear, workwear and jeans. These are sales-growth figures, not percentages of company revenue or product mix.[13] [6]

Geographic presence

Canadian Tire’s operations and retail network are focused on Canada, with a national presence. In Q1 2026, it reported 1,635 stores totaling 35.6 million square feet; the company notes that co-located banners are counted as one store under its revised methodology.[14][15] Its registered office is at 2180 Yonge Street, Toronto, Ontario.[16]

The FY2025 disclosures report revenue by business segment rather than by country or region, and do not provide geographic revenue percentages.[17] The company describes its workforce broadly as tens of thousands of Canadians, but does not provide a regional employee breakdown.[14] [14]

Business segments

Canadian Tire reports three business segments: Retail, Financial Services and CT REIT. Retail is the largest, encompassing Canadian Tire retail—including Living, Playing, Fixing, Automotive, and Seasonal & Gardening—as well as Mark’s and sporting-goods banners such as SportChek and Atmosphere.[6]

For FY2025, Retail reported revenue of C$14,728.6 million, approximately 90% of consolidated revenue of C$16,315.5 million.[18] Financial Services reported C$1,593.8 million, or approximately 10% on the same basis; its activities include Triangle-brand credit cards and other consumer lending, insurance marketing, reinsurance and settlement services, and deposit-taking through Canadian Tire Bank.[18][12] CT REIT, the company’s real-estate investment trust, reported C$604.3 million, approximately 4% of consolidated revenue.[18][6]

These approximate ratios are segment revenue divided by consolidated revenue, not mutually exclusive shares: reported segment revenues total more than consolidated revenue and therefore the ratios do not add to 100%.[18] [6]

Company history

Canadian Tire was founded in Toronto in 1922 by brothers A.J. and J.W. Billes, who started with an auto garage. The business was incorporated as Canadian Tire Corporation in 1929; during the 1930s it expanded beyond its original location and established its recognizable maple-leaf-and-triangle identity.[19] Canadian Tire Money, a signature customer loyalty program, began in 1958.[21]

The company broadened its retail businesses when Mark’s joined the Canadian Tire group in 2001 and when it acquired The Forzani Group, including Sport Chek, in 2011.[22][23] In 2013, subsidiary CT REIT completed its initial public offering.[24] Triangle Rewards was introduced in 2018, and Greg Hicks became President and CEO in 2020.[25][26] [6]

Sources

  • CANADIAN TIRE CORP-CLASS A — Press release (2026 Q 1)[1]
  • corp.canadiantire.ca[2]
  • corp.canadiantire.ca[3]
  • CANADIAN TIRE CORP-CLASS A — Presentation (2025 Y)[4]
  • CANADIAN TIRE CORP-CLASS A — Full financial report (2025 Y)
    7 citations
  • corp.canadiantire.ca[7]
  • corp.canadiantire.ca[8]
  • www.canadiantire.ca[9]
  • www.canadiantire.ca[10]
  • www.canadiantire.ca[11]
  • CANADIAN TIRE CORP-CLASS A — Management commentary (2026 Q 1)[14][15]
  • corp.canadiantire.ca[19]
  • corp.canadiantire.ca[20]
  • corp.canadiantire.ca[21]
  • corp.canadiantire.ca[22]
  • corp.canadiantire.ca[23]
  • investors.canadiantire.ca[24]
  • corp.canadiantire.ca[25]
  • corp.canadiantire.ca[26]

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