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Thread: Crappy Tire's Financial State

  1. #101

    Re: Crappy Tire's Financial State

    Perhaps you should read some business news from earlier this week. See what people REALLY think of Canadian Tire because as you put it, consumers speak with their wallets.
    It might shed some light on a comment earlier this week about our strategy in buying Forzani.

    LOL Hilarious

    Nice Q4 and nice 2011 Canadian Tire
    Well Done!

  2. #102
    Senior Member CTH8R's Avatar
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    Re: Crappy Tire's Financial State

    I heard something about the sales in Crappy Tire stores being up a tiny bit, something like 1 or 2 percent.

    The rest of the corporation continues to bail out the Crappy Stores, yet again - not really 'news', LOL!

  3. #103

    Re: Crappy Tire's Financial State

    I read that net income fell 1.7%.

    And that francise same-store sales fell a full 5%!

    Well done, indeed, Crappy Stores!

  4. #104
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    Re: Crappy Tire's Financial State

    Quote Originally Posted by Owner 1 View Post
    you should read ....
    Something I wouldn't mind reading is all that "proof" this ACLO person said they already have, showing how Crappy Tire has "the best" battery warranty "in the business" (i.e., among all retailers in the entire country).

    In fact, we aren't even sure what "the best" might mean to a Crappy Person like ACLO.

    Still waiting!

  5. #105

    Re: Crappy Tire's Financial State

    How many negative equity Dealers are there? over 80 we heard and over 125 Dealers that get paid a salary....almost 40 per cent of the Dealer network is insolvent/bankrupt and the contract renewal is in 2014. Do the shareholders know this? This is a 30.00 share not 65.00 stock. Does the OSC know this?

  6. #106

    Re: Crappy Tire's Financial State

    DBRS Downgrades Canadian Tire to BBB (high) and R-2 (high), Stable Trends, Following the Acquisition of Forzani Group Ltd.

  7. #107
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    Re: Crappy Tire's Financial State

    Quote Originally Posted by CTshareholder View Post
    How many negative equity Dealers are there? over 80 we heard and over 125 Dealers that get paid a salary....almost 40 per cent of the Dealer network is insolvent/bankrupt and the contract renewal is in 2014. Do the shareholders know this? This is a 30.00 share not 65.00 stock. Does the OSC know this?
    Interesting. So, which dealers are they, that have negative equity?

    And what does it mean if the dealers "get paid a salary" - you mean they aren't all multi-millionaires, like the Crappy People keep saying here?

  8. #108
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    Re: Crappy Tire's Financial State

    Quote Originally Posted by Angry CT Guy View Post
    Yayyyy! A thief got killed. One less loser in the world.
    This is probably the best Angry CT Guy quote, ever!

    A Crappy Person displaying actual happiness, over the death of another human being.

    Very nice indeed!

  9. #109

    Re: Crappy Tire's Financial State

    So you'd rather me post over here? Really it doesn't change the numbers, just so you know haha

    Profit and revenue are still up in Canadian Tire, Marks, Forzani, Petroleum and Financial.
    Posting in this thread also doesn't change the fact that the two major competitors that have posted so far (with one more tomorrow) both took it on the chin....or worse took it somewhere else. Either way, they failed. They lost money. I wonder how that rising tide just seemed to elude some of our competition. So many things to ponder.

    Hey while we're at it, here's some good news stories for you to peruse.

    Lowe’s Closes 20 Stores, Cuts 1,950 Jobs - ABC News
    Rona believes it's doing it right by closing stores - Winnipeg Free Press

    Good job North and south of the border!

  10. #110

    Re: Crappy Tire's Financial State

    Quote Originally Posted by Owner 1 View Post
    here's some good news stories for you to peruse.

    Lowe’s Closes 20 Stores, Cuts 1,950 Jobs - ABC News
    Moaner sure does seem to be confused about which side of the border they operate on, LOL!

    But when someone brings up the devastating results of their last venture into the fierce US market, the start whining about how it's an unfair comparison! What a hypoctite!

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