Canadian Tire Corporation, Limited (CDNTF) Q1 2024 Earnings Call Transcript

Canadian Tire Corporation, Limited (OTCPK:CDNTF) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET

Company Participants

Karen Keyes - Head, IR
Greg Hicks - President and CEO
Gregory Craig - EVP and CFO
TJ Flood - EVP and President, Canadian Tire Retail

Conference Call Participants

Chris Li - Desjardins
George Doumet - Scotiabank
Vishal Shreedhar - National Bank
Tamy Chen - BMO Capital Markets
Mark Petrie - CIBC

Operator

Thank you for standing by. My name is Lauren, and I will be your conference operator today. Welcome to the Canadian Tire Corporation Earnings Call. All lines have been placed on mute to prevent any background noise. Following today's presentation, there will be a question and answer period. [Operator Instructions].

Now I will pass along to Karen Keyes, Head of Investor Relations for Canadian Tire Corporation. Karen?

Karen Keyes

Thank you, Lauren. Good morning, everyone. Welcome to Canadian Tire Corporation's first quarter 2024 results conference call. With me today are Greg Hicks, President and CEO, Gregory Craig, Executive Vice President and CFO, and TJ Flood, Executive Vice President and President of Canadian Tire Retail.

Before we begin, I want to draw your attention to the earnings disclosure available on the website, which includes cautionary language about forward-looking statements, risks and uncertainties, which also apply to the discussion during today's conference call. After our remarks today, the team will be happy to take your questions.

We'll try to get in as many questions as possible, but we ask that you limit your time to one question plus a follow-up before cycling back into the queue. And we welcome you to contact Investor Relations if you don't get through all the questions today.

I will now turn the call over to Greg.

Greg Hicks

Thank you, Karen. Good morning and welcome everyone. After a