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Article Date: November 2018
Word Count: 195

Canadian Tire Sports Business Rebounds in Q3

FGL Sports revenue increased 2% to C$528.5 million ($404.4 mm) from a restated C$527.2 million in the third quarter and comp store sales increased 2.2% against a flat comp last year. Sales per square foot increased slightly to C$298 from C$295. Helly Hansen, Woods and Ripzone drove solid outerwear, athletic apparel and accessories sales helped by favorable seasonal weather. The store fleet ended the quarter with 194 Sport Check, 101 Sports Experts, 65 Atmosphere and 48 Other locations, after one Atmosphere store closed and one Other location opened.


Total Canadian Tire retail sales were up 4% to C$3,865.3 ... Log in to view full article.


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