Auto & Transport Roundup: Market Talk
Updated Oct. 30, 2023 12:42 pm ETThe latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1519 GMT – Canadian Tire’s upcoming 3Q will likely show a weakening in consumer spending weighing on sales and earnings. CIBC analyst Mark Petrie says in a report that he expects EPS in the quarter to be C$3.53, compared with a previous expectation of C$3.91, “reflecting further softening in the consumer environment, as well as mild weather.” Canadian Tire is expected to report its 3Q results on Nov. 9. (adriano.marchese@wsj.com)Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
