Some development charges related to said acquisition and because of the holiday friday, a normal collections day on the last day of the quarter was pushed into the following quarter.

Looks like they used some of the cash they owed to Innisfil to help with Forzani. Still needed to borrow a billion, though ("all cash? LOL!), which damaged their credit ratings.

I wonder if they used some of that bribe money, too?
 
Publicly traded company, bankers, analysts, board of directors.....yes, let's just ignore all of them and believe some Internet faker advocates opinion. Any wacko can post here and he proves it every day. Perhaps fake litigator wife can get to the bottom of his fake posts.
 
Overpaying by who's estimates? YOURS? Because your economic strength has shown through so predeominantly on here LOL

Actually yes, the money that you claim is missing was already explained. Mostly cash purchase for Forzani.
Some development charges related to said acquisition and because of the holiday friday, a normal collections day on the last day of the quarter was pushed into the following quarter.

awww you still upset you paid too much? You can't sleep at night knowing you burned 1Billion from the war chest in a down economy? Bought a sporting goods store, why because you suck at that too? LOL. Hilarious. 89 Years and you still SUCK lol.

Lots of analysts agree with that, the same ones who said you SUCK! ....say, how did that expansion go? What did the analysts say then like they're saying now...oh you SUCK!

Now go shore up some profits by denying some more returns lol
 
awww you still upset you paid too much? You can't sleep at night knowing you burned 1Billion from the war chest in a down economy? Bought a sporting goods store, why because you suck at that too? LOL. Hilarious. 89 Years and you still SUCK lol.

Lots of analysts agree with that, the same ones who said you SUCK! ....say, how did that expansion go? What did the analysts say then like they're saying now...oh you SUCK!

Now go shore up some profits by denying some more returns lol

Canadian Tire Corp Ltd (CTC.TO) Analysts | Reuters.com

Faker advocates are too easy to disprove. Any wacko can post here and he proves it every day. Kind of wrecks the credibility of this fine e-commerce site when losers like this post, but hey, what ya gonna do....LOL
 
awww you still upset you paid too much? You can't sleep at night knowing you burned 1Billion from the war chest in a down economy? Bought a sporting goods store, why because you suck at that too? LOL. Hilarious. 89 Years and you still SUCK lol.

Lots of analysts agree with that, the same ones who said you SUCK! ....say, how did that expansion go? What did the analysts say then like they're saying now...oh you SUCK!

Now go shore up some profits by denying some more returns lol


Paid too much by WHO's calculation? YOURS?
Your billion dollar figure continues to be unproven. the cost was $770 million - where's the extra quarter million coming from ? liar

Bought A sporting good store? LMAO Ummm no
How about bought the largest sports chain in Canada AND added it to the SECOND largest sports retailer in Canada....Canadian Tire. What's that? OH right, we are number one and two. hard to suck when you're top and well...top again. LOL

89 years and still leading the pack... now how can that be?
lack of other options forcing customers to CT? - nope
millions of canadians are stupid, and staying stupid 89 years later? - nope

Or could it be that Canadian Tire overall does do a good job, continues to expand, add new stores, add new products, add new services and from a financial perspective outpaces the competition for decades running? CORRECT

Thanks for playing
 
Thanks for the link. It proved that your analysis again is not correct. your claim was that we took out a billion dollar loan, and then posted this link to verify it.


Canadian Tire bought Forzani for $765 million, not including assumed debt and transaction costs, and paid for it using cash on hand and short-term debt. It expects to save $35 million on expenses each year by using the same supply chains, marketing and sourcing for both businesses.

Where's the billion dollar loan?
 
Thanks for the link. It proved that your analysis again is not correct. your claim was that we took out a billion dollar loan, and then posted this link to verify it.
Where's the billion dollar loan?

"Canadian Tire's lease adjusted debt is now $3.3 billion, up from the $2.3 billion before the acquisition of the Calgary-based sporting goods retailer ... DBRS said that level of debt is not consistent with its A rating."
 
"Canadian Tire's lease adjusted debt is now $3.3 billion, up from the $2.3 billion before the acquisition of the Calgary-based sporting goods retailer ... DBRS said that level of debt is not consistent with its A rating."

http://www.up.com/investors/attachments/non-gaap/analyst_conf_non-gaap.pdf

Not that it matters, but lease adjusted debt is not the same as a loan, you moron. Why do I even try to educate a faker advocate....they are nothing more than gripers with limited knowledge and wear shit colored glasses.
Tsk,Tsk faker advocate.
 
"Canadian Tire's lease adjusted debt is now $3.3 billion, up from the $2.3 billion before the acquisition of the Calgary-based sporting goods retailer ... DBRS said that level of debt is not consistent with its A rating."


paid for by mostly cash on hand


WHERE'S THE LOAN YOU'RE CLAIMING?
 
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