Company Profile For Canadian Tire Corporation, Limited

Canadian Tire Corporation Limited (Canadian Tire) is a Canada-based company, which offers everyday products and services. Canadian Tire, its Dealers, franchisees and Petroleum agents operate more than 1,200 general merchandise and apparel retail stores and gas bars. The Canadian Tire Financial Services (Financial Services) division of the Company also markets a variety of financial services to Canadians. It also includes online channel and PartSource. PartSource is a chain of 86 specialty automotive hard parts stores that cater to serious do-ityourselfers and professional installers of automotive parts. As of January 3, 2009, the PartSource network consists of 33 franchise stores and 53 corporate stores. The Company also operates clothing and footwear retailers, operating 372 stores nationwide, including 329 corporate and 43 franchise stores. Its Petroleum division is an independent retailer of gasoline.

BRIEF: For the twenty-six weeks ended 4 July 2009, Canadian Tire Corporation Limiter's revenues decreased 5% to C$4.08B. Net income decreased 7% to C$153.4M. Revenues reflect a fall in the sales from the Petroleum segment. Lower income reflects increase in net interest expense, higher depreciation & amortization expenses. The Co. is in to offering everyday products & services to Canadian through its growing network of interrelated businesses.