Canadian Tire sees cautious consumer spending drag down profits
By A Mystery Man Writer
Description
Canadian Tire said it is withdrawing its sales growth target due to pressures caused by inflation and higher interest rates. Read on.
![Canadian Tire sees cautious consumer spending drag down profits](https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FYRUHG6SR4ZJSTFWWMY5W5QOA7A.png?auth=3f84585e076895ca6890640d8ebe2effd30c76c8a3363df16eacc68634b0a6b2&width=480&height=600&smart=true)
Pent-up demand has Canadians shrugging off spiraling prices, for now
Thailand Industry Outlook 2023-2025
![Canadian Tire sees cautious consumer spending drag down profits](https://preview.redd.it/eram-ferici%C5%A3i-%C5%9Fi-nu-%C5%9Ftiam-v0-5vr1ks8087nb1.jpg?auto=webp&s=59db6d79ffa9a1e1c87237797e306a8f12a0db6b)
Canadian consumers are buying less but paying more : r/canada
![Canadian Tire sees cautious consumer spending drag down profits](https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2023/02/canadian-tire-vw0216.jpg)
Canadian Tire faces headwinds as consumer spending pullback expected
![Canadian Tire sees cautious consumer spending drag down profits](https://wolfstreet.com/wp-content/uploads/2023/03/US-consumer-PCE-2023-03-31-real-spending-total-3mma.png)
Consumers Got Whacked by Inflation, High Interest Rates, Layoff News, Asset Prices Falling from Lofty Peaks… And They're Still Not Slowing Down
![Canadian Tire sees cautious consumer spending drag down profits](https://upload.wikimedia.org/wikipedia/commons/thumb/8/81/Trends_in_Christmas_Movies_over_nearly_a_Century_%281925-2022%29.svg/640px-Trends_in_Christmas_Movies_over_nearly_a_Century_%281925-2022%29.svg.png)
List of Christmas films - Wikipedia
![Canadian Tire sees cautious consumer spending drag down profits](https://www.krungsri.com/getmedia/d5b0eb94-e1e2-432c-b4df-eacf0a9f842f/so-industry-outlook-2024-26-auto-parts-f2.png.aspx)
Thailand Industry Outlook 2024-2026
![Canadian Tire sees cautious consumer spending drag down profits](https://www.castanet.net/content/2023/8/thumbs/20230810120816-64d50dd5be70af9ac16fcb78jpeg_p3711496.jpg)
News Archive page 1188
![Canadian Tire sees cautious consumer spending drag down profits](https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2023/08/cp2886481.jpg?quality=90&strip=all&w=232&sig=j9Gg9Kjj5J7NdFJ0bg4tig)
The Canadian Press
![Canadian Tire sees cautious consumer spending drag down profits](https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/11/canadian-tire-vw1122.jpg?quality=90&strip=all&w=232&sig=713aPgagpVO499-Y-6MSjw)
Canadian-Tire-Corporation-Ltd
![Canadian Tire sees cautious consumer spending drag down profits](https://preview.redd.it/interesting-apple-are-marketing-their-competitor-since-they-v0-3rojbhf36nhb1.png?auto=webp&s=355d2e60640a2a6f0e3e7d864f91e4036f8dc0b5)
seems to be stepping up their packaging game. : r
![Canadian Tire sees cautious consumer spending drag down profits](https://smartcdn.gprod.postmedia.digital/torontosun/wp-content/uploads/2023/08/canadian-tire-rslts-20230810.jpg?quality=100&strip=all)
Canadian Tire sees cautious consumer spending drag down profits
from
per adult (price varies by group size)