SportChek Sales, Comps Improve
Third-quarter revenues at Canadian Tire’s sporting goods banners ticked up 6% to C$550.3 million ($398.8 mm) from C$521.5 million, including a +4.2% comp but with 12 fewer stores. Seasonal Back-to-School and Back-to-Hockey sales drove the gains, with growth in athletic apparel and footwear, leisure footwear, and hockey and golf equipment contributing to the improvement. SportChek opened two more Destination Sport concept stores, one in Windsor, ... Log in to view full article.
