Is that all you got? Really? 4 analysts out of how many whose opinions change like the weather and matter even less today. How pathetic.
I'm a busy mom of 3 and I'm excited about Targets coming into town. It would be nice to see what they could do what Zellers couldn't. I've been there every now and then and it's practicaly dead inside. Theres more staff than there are shoppers and you could literally hear crickets chirping.
Right now we're turned off by Canadian Tire. My husband no longer goes there as there's too much hassle involved with the store and the managers there are jerks when it comes to returns with a receipt. Forget about even bringing in your car to them!
Is that all you got? Really? 4 analysts out of how many whose opinions change like the weather and matter even less today. How pathetic.
I second that as I had a major issue with my car service. I called the customer hotline and all they did was tell me that they're sorry to hear that and take it up with the store as there is nothing they can do. Bad repair job and a big bill!
"Canadian Top Losers: (TSE: CTC.TO) ... Canadian Tire Corporation, Limited (TSE: CTC): fell by 3.90% or $-2.66/share to $65.50."
CT wannabe millionaire douche bag wants to compare wallet size now. Last time I looked there's a big red giant coming up this way. Better put on your US A game before you get stepped on lol. Oh never mind, look who I'm talking too lol. Better to short this stock.
wannabe millionaire? LOL I guess that little report that clearly spells out an average of $600,000 profit PER YEAR wasn't enough to convince you? haha you ask for proof, you got proof. Still can't accept it... not my problem
Last time I looked.... in the 90's there were two giants coming from the United States....Walmart and Home Depot, both with much bigger product overlap to ours then Target. Still here, still in business, still adding stores, still making profit EVERY quarter. What more proof do you need?
See you in 2013 and beyond!
9-5 working for the man gettin ya down?
It's very ironic that the Crappy People spend so much time ridiculing their main demographic - the very people upon whom they depend for their very survival.
That might help explain why your year-over-year retail revenues are down.
Nice job, Crappy Tire! Way to alienate your primary customers!
Consumer advocates have been quoting the papers for weeks now, with two falling figures for both and with all kinds of links provided. No confusion there. It's you and your colleagues who keep on claiming Profit Profit Profit when the financial statements show differently. Or, more than likely you don't like what it shows and changing the criteria once again to the individual store because it suits you better. Wouldn't that be funny accounting on your part? Sure, let's break some rules only because it works better for you. Where else have we seen that kinda funny business? At the returns desk and the garage maybe?whoa what's wrong big fella? 9-5 working for the man gettin ya down?
1) profit and revenue are two seperate figures, don't confuse them
where's the missing 600 million that we keep asking you?2) examine the expenditures in the quarter and see where the money went.... you might change your tune
3) you're aware of the difference between stores and corporation i assume since you're such an expert?! What the Corporation is reporting has nothing to do with my personal bottom line. ...
I care about corporate performance, it affects us all long term, but I also can't have an impact on it. Approaching my 41st Birthday and could retire if I wanted lol
My Dealer papa? lol Returns desk clerk? lol
Hey if my dad had the wealth that i've been fortunate to obtain at this age, i'd probably have retired already on his dime LOL
sure i'll play alongSlo poke CT douche bag trying to pull the wool over the consumers eyes again. Let's pull apart your lies again ..
Yes the financial statements show profit. $105 million last quarter to be precise. That's a lot of money now matter how you slice it! Profits fell on spending for the Forzani purchase and a slow start to the seasonal business. read it for yourself. Retail sales across the chain (all arms of the business) were up 5.1%. CTR (yes that's Canadian Tire, not Marks, not petroleum, not Partsource...just sales under the red triangle) up 1.9%Consumer advocates have been quoting the papers for weeks now, with two falling figures for both and with all kinds of links provided. No confusion there. It's you and your colleagues who keep on claiming Profit Profit Profit when the financial statements show differently. Or, more than likely you don't like what it shows and changing the criteria once again to the individual store because it suits you better. Wouldn't that be funny accounting on your part? Sure, let's break some rules only because it works better for you. Where else have we seen that kinda funny business? At the returns desk and the garage maybe?
where's the missing 600 million that we keep asking you?
[\quote]
I am not an accountant for the Corporation, I do not know the answer to that. In fact i'm not even sure where your figure of $600 million missing comes from. As near as I can tell you're comparing the debt figure at end of fiscal year 2010 to current 2011 number which has a $1billion dollar difference. Again i'm not accountant but it could be as simple as winter inventory and christmas inventory, which is typically higher in value leading into the last segments of the year, then would be on hand at different times of the year, Christmas being the busiest time. All that inventory is on hand at the Corporation now, so they paid money to the vendors, but not yet shipped to stores, and therefore not paid for by stores. Don't assume you know the story based on a figure.
I don't know the whole story either, but I do know there's a lot more to accounting then just a figure at any given time during the year! What I do know is the Forzani purchase was $500 million cash on hand, balance in short term debt. the earlier claims that we borrowed a billion to make a $780 million dollar purchase is 100% false.
Don't change my words. I didn't say the corporation doesn't have an impact on me, I said that what they report financially in a quarter doesn't have an impact on my bottom line. I don't have an impact on them, as I am not on the Board of Directors and as such do not get a vote in expenditures or acquisitions.Douchebag talking out of both sides of the mouth again. I don't have to be an expert of your store to know you're full of shit. You don't have an impact on the corporation and then you say the corporation doesn't have an impact on you? That doesn't sound right. So if you went bust from an act of god like you and your store falls into a cesspool, the corporation wouldn't be adding the markups from your store to their total? dum de dum dum. So much for that lie.
Oh you think you've made it now? LOL Hilarious. What now? You're Wannabe millionaire now? We'll see if you'll be singing the same tune once corporate plans go south. It's happened twice already.
sure i'll play along
Yes the financial statements show profit. $105 million last quarter to be precise.
Go back to the Simoniz thread, it's much more in your league then financials and millions!
You don't know what your are talking about.
First of all, the profit you quoted included Petrolium and Marks, finance, etc. for a total of 2,570.9 million.
Somehow you forgot to mention that margins decreased, due to loan losses.
Retail revenue was down, as was sales per square foot.
Sure, $105.8 million in net income (not $105, as you wrote), is a lot of money, but it's a drop of 13.9% from last year, due in part from lower sales. Sorry!
Not sure why you are linking to some news story, when your own quarterly report shows more of the story.
http://corp.canadiantire.ca/EN/Investors/FinancialReports/Quartlery Reports Library/CTC_2011_Q2.pdf
Are you just not capable of reading it??
It's entertaining that you are not even aware of the missing $600 million, let alone the loan of $1 billion for this so-called "cash only" sale, LOL!
Now, CT's been down-graded. Nice job!
That comment looks pretty stupid right now.
Why even show up at all to their gun fight when all they do is shoot each other in the foot?cash refund
bait and switch for store credit. ID required and private info put into their computer and need receipt for refunds and exchanges. Or they may threaten you with trespassing with security or the police if they change their minds on their own store policy...
....Go back to the Simoniz thread, it's much more in your league then financials and millions!
the truth comes out again. CT 41 year old wannabe millionaire can't read financials either. Now did somebody give him a badge and tell him he was a "special millionaire"...
Nothing but CT lies
