Reitmans (canada) Limited · TSXV:RET
Reitmans (canada) — Q3 2025 Earnings Presentation
15 slides from Reitmans (canada)'s earnings presentation, Dec 20, 2024
Slide 1: Q3 2025 Earnings Call
1 Q3 2025 Earnings Call December 20, 2024
Slide 2: Disclaimer
2 Disclaimer This presentation contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Reitmans (Canada) Limited (the "Company”) with respect to future business activities and oper
Slide 3: Q3 2025 General Overview
3 Q3 2025 GENERAL OVERVIEW Andrea Limbardi President and Chief Executive Officer
Slide 4: RCL's Brands
4 RCL’s Brands Leading Women’s brand Canada’s premier destination Lifestyle brand catering to men offering unique superior style, for plus-size fashion – where and women who are the quality, fit, and value. style and fit are unparalled. trendsetters amongst their peers. 223 stores 86 stores 81 store
Slide 5: Net revenues down 2.9%; gross margin up 166 bps
5 Net revenues • Warm weather were down 2.9% delayed the start of the fall season • 11 less stores than a year ago Gross margin • Strong inventory was up 166 bps control • Continued focus on being less promotional
Slide 6: Brand Updates
6 RW&CO • New Store Opening: Mirabel Premium Outlet, Québec • Continued strength in Menswear growth Reitmans • Three store openings pushed to Q4 in Chilliwack BC, Toronto ON, and Montreal QC. All now open. • Strong results from Q3 ambassadors marketing campaign featuring Lauren Chan, Ashley Callingb
Slide 7: Operational Updates
7 • Ongoing modernization of our Distribution Centre handling system • Ongoing rollout out of modernized POS Operational Updates
Slide 8: People Updates
8 People Updates Caroline Goulian Richard Wait Chief Financial Executive Vice Officer President
Slide 9: Q3 2025 Financial Results
9 Q3 2025 FINANCIAL RESULTS Caroline Goulian, CPA Chief Financial Officer
Slide 10: Net Revenues and Gross Profit
10 Net Revenues Gross Profit 250 120 107.6 107.6 193.4 187.7 200 90 150 60 100 30 50 0 0 Q3 2024 Q3 2025 Q3 2024 Q3 2025 In millions of C$ In millions of C$ • Net revenues decreased 2.9%, due to lower • Gross profit margin improved 166 bps to 57.3%, store count & warmer weather primarily due to lowe
Slide 11: Net Earnings and Adjusted EBITDA
11 Adjusted EBITDA Net Earnings 10 9.5 10 8 8 6 6 5.3 3.8 4 4 2.1 2 2 0 0 Q3 2024 Q3 2025 Q3 2024 Q3 2025 In millions of C$ In millions of C$ • Adjusted EBITDA decreased by $5.7 million, • Earnings per share (basic & diluted) was $0.04 mainly due to higher SG&A vs $0.11 a year ago
Slide 12: Solid Financial Position
12 Solid Financial Position 200 Working Capital $123.1M 170.1 172.9 Strong cash position provides flexibility 160 $141.3M 120 80 Well-positioned inventory level 40 0 Q3 2024 Q3 2025 $0 In millions of C$ No debt
Slide 13: Normal Course Issuer Bid
13 Normal Course Issuer Bid • RCL may acquire up to 3,283,582 Since August 5, 2024: Class A (non-voting) Shares of the Company, representing approximately 10% of the public 181,900 1 float of Class A shares Class A shares purchased for • Effective from August 5, 2024, aggregate consideration of unti
Slide 14: Capital Allocation Priorities
14 Capital Allocation Priorities • Invest in store renovations and new openings • Modernization – digital technology and infrastructure (i.e. distribution centre) • Forecasting capital expenditures of $31 million for FY 2025 ($20.1 million year-to-date)
Slide 15: Q&A - For more information
15 Q&A For more information: • E: investors@reitmans.com • W: reitmanscanadalimited.com