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Canadian Tire Q2 2026

Canadian Tire Reports 0.7% Comparable Sales Growth in Q2 2026

Canadian Tire Corporation announced its second quarter 2026 financial results, reporting a 0.7% increase in consolidated comparable sales and 6.3% growth on a two-year stack basis. SportChek led the company’s retail banners, with comparable sales increasing 8.0% and 12.4% on a two-year stack basis, driven in part by demand related to the 2026 FIFA World Cup.

“The 2026 Men’s World Cup was a highlight of the quarter. Activations in store and online drove soccer fans and new customers to SportChek, and Jumpstart partnered with the Canadian government to announce a multiyear commitment to build 25 inclusive community soccer pitches across Canada by 2029, extending the World Cup legacy in communities nationwide,” Hicks says.

Retail sales were $5,391.6 million, up 4.5%, compared to the second quarter of 2025. Retail sales, excluding petroleum, were up 2.5%. Consolidated comparable sales were up 0.7%.

Retail revenue was $3,890.1 million, an increase of $79.8 million, or 2.1% year over year. Retail revenue excluding petroleum was down 1.1%.

“In Q2, we demonstrated our operational agility by lowering prices for value-seeking customers, adapting to challenging weather conditions and ultimately delivering strong financial results,” says Greg Hicks, Canadian Tire Corporation president and CEO. “At the same time, we continued to advance our True North strategy, increasing the use of personalized Triangle loyalty offers, growing e-commerce and delivering strong sales in our new concept Mark’s and SportChek stores.”

Loyalty sales increased 3.1%, continuing to outpace non-loyalty sales. The Triangle Rewards program will add a fourth partner this fall with the launch of its Tims Rewards partnership, extending member engagement opportunities and building on the success of partnerships with Petro-Canada, RBC and WestJet.

Canadian Tire also completed 15 store refreshes and expansions.

Throughout the first half of 2026, Canadian Tire continued to prioritize customer engagement through its Triangle Rewards loyalty program and the rollout of store concepts that support a better omnichannel customer experience and drive sales.

About Jacob Musselman

Jacob is the content coordinator for Hardware Retailing Magazine. A lifelong Hoosier, Jacob earned a B.S. in journalism and telecommunications with a minor in digital publishing from Ball State University. He loves making bagels, going to farmers markets with his wife Hannah and two dogs and watching Formula One.

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