TORONTO — Canadian Tire Corp., Ltd. reported its second-quarter profit rose compared with a year ago as its revenue also climbed higher. The retailer reported net income of $214.2 million or $3.65 per diluted share for the quarter ended July 4, up from $188.3 million or $3.07 per diluted share a year earlier. On a normalized basis, Canadian Tire says it earned $3.94 per diluted share, up from a normalized profit of $3.57 per diluted share in the second quarter of 2025. Revenue for the quarter totalled $4.30 billion, up from $4.20 billion a year earlier. Overall comparable sales were up 0.7 per cent, driven by growth at SportChek and Mark’s. Canadian Tire comparable sales fell 0.8 per cent, while SportChek comparable sales rose eight per cent. Mark’s comparable sales added 4.2 per cent. This report by The Canadian Press was first published Aug. 13, 2026. The Canadian Press
