Canadian Tire Corporation, Limited (CTC.A:CA) Discusses State of the Consumer and Investment Strategies at Back-to-School Conference Transcript

Canadian Tire Corporation, Limited ( CTC.A:CA ) Discusses State of the Consumer and Investment Strategies at Back-to-School Conference September 16, 2026 9:00 AM EDT Company Participants Thomas Flood - Executive VP & COO Darren Myers - Executive VP & CFO Conference Call Participants John Zamparo - Scotiabank Global Banking and Markets, Research Division Presentation John Zamparo Scotiabank Global Banking and Markets, Research Division All right. Thank you for that introduction, [ Lori ]. Good morning. Welcome, everyone. I'm glad [ Lori ] mentioned it. I wasn't sure if it was in his remarks or not, but I wanted to make it known. He's the one who started this conference 30 years ago. So full credit to you, [ Lori ], for beginning this wonderful tradition. 30 years is a long time. 3 decades ago, if we want to pivot a little bit to the consumer space, the N64 was released. Donovan Bailey was the world's fastest man. And Alanis Morissette's Jagged Little Pill was topping the charts and sweeping the nation. And still, our conference perseveres and thrives. I find there's always something to keep us interested in this space. It's not everything about the compute and the AI trade. We saw a couple of multibillion-dollar deals this past summer in the consumer space. I find earnings days are more volatile and have larger reactions than we're used to in the past. And once again, our conference coincides with another Fed meeting. And I, for one, I'm grateful for, even under new management, the Fed meeting Wednesday and mid-September every year to keep things interesting for us around 2:30 in the afternoon. They routinely do this. And I think that word routine, it lines up with back-to-school, it lines up with September. Sometimes it implies no changes or doing things the same way.