Reitmans (canada) Limited · TSXV:RET
Reitmans (canada) — Q1 2026 Earnings Presentation
17 slides from Reitmans (canada)'s earnings presentation, Jun 18, 2025
Slide 1: Q1 2026 Earnings Call
Q1 2026 Earnings Call RCL – Reitmans Canada Ltd. – June 18, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements about the Company’s objectives, plans, goals, expectations, aspirations, strategies, financial condition, results of operations, cash flows, performance, and prospects. Specific forward-looking statements in this presen
Slide 3: Q1 2026 General Overview
Q1 2026 General Overview Andrea Limbardi President and Chief Executive Officer
Slide 4: Our Brands
Our Brands Reitmans’ everyday, on-trend RW&CO’s luxury-inspired Penn’s authority in plus- collections help women look collections enable men & size fashion empowers and feel their best with great women to be trendsetters by women to feel confident affordability. offering fashion-driven styles from h
Slide 5: We source from around the globe
Other, 0.9% Vietnam 5.5% We source from around the globe Cambodia 45.9% China 33.9% With RCL offices in Hong Kong and a diverse portfolio of partners, our Supply Chain is strong, diversified with exacting standards in all elements of production. Bangladesh 13.7% 5 - RCL – Reitmans Canada Ltd. – June
Slide 6: Q1 2026 Financial Highlights
Q1 2026 Financial Highlights $158.9M • Improved e-commerce revenue Net Revenues • Severe winter weather and ($10.6)M economic uncertainty impacted results Adjusted EBITDA(1) • Reitmans brand performed well with its hallmark of great ($10.0)M styles and quality at Net Loss accessible price points (1)
Slide 7: Drive Accelerated Brand Growth
Drive Accelerated Brand Growth During the quarter, we: • Opened 3 new Reitmans stores (Pointe- Claire, QC; Concord, ON; Regina, SK) • Opened 1 new RW&CO store (Edmonton, AB) • Completed 2 PENN. Penningtons relocations to new store spaces (Winnipeg, MB, and Calgary, AB) 7 - RCL – Reitmans Canada Ltd.
Slide 8: Fuel Growth with Modernization
Fuel Growth with Modernization We commenced the first phase of our digital strategic roadmap • Newly designed front-end e-commerce storefronts for all 3 brands and migrating to Shopify • Migration and launch of enhanced e-commerce offering to be completed this fiscal year 8 - RCL – Reitmans Canada L
Slide 9: Our Ambition by Fiscal 2030
Our Ambition by Fiscal 2030 • $1 billion in revenue • Adjusted EBITDA of $60-$70M • Reinvesting approximately $100M in growth capital 9 - RCL – Reitmans Canada Ltd. – June 18, 2025
Slide 10: Reinvesting Approximately $100M in our business over the next 5 years
Reinvesting Approximately $100M in our business over the next 5 years 25% Over 75% $100M of investment Invest in store renovations, expansions, and openings Modernization of digital technology & infrastructure 10 - RCL – Reitmans Canada Ltd. – June 18, 2025
Slide 11: Q1 2026 Financial Results
Q1 2026 Financial Results Caroline Goulian, CPA Chief Financial Officer
Slide 12: Net Revenues and Gross Profit
Net Revenues Gross Profit (in millions of CAD$) (in millions of CAD$) 200 120 165.7 158.9 93.9 88.5 150 90 100 60 50 30 0 0 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Net revenues decreased 4.1%, mainly due to Gross profit margin decreased by 100 bps to severe winter weather and economic 55.7%, mainly due to l
Slide 13: Adjusted EBITDA and Net (Loss) Earnings
Adjusted EBITDA Net (Loss) Earnings (in millions of CAD$) (in millions of CAD$) 0.9 1 Q1 2026 1 Q1 2025 Q1 2026 Q1 2025 -1.5 -3 -3 -7 -7 -11 -10.6 -11 -10.0 Decreased by $11.5 million, mainly due to lower Earnings per share (basic & diluted) was gross profit and higher occupancy costs and ($0.20) vs
Slide 14: Solid Financial Position
Solid Financial Position Working Capital (in millions of CAD$) $85.4M Strong cash position provides flexibility 180 165.7 $135.0M 150 134.8 120 90 Well-positioned inventory level 60 30 0 $0 FY 2025 Q1 2026 Bank debt 14 - RCL – Reitmans Canada Ltd. – June 18, 2025
Slide 15: Normal Course Issuer Bid
Normal Course Issuer Bid Since August 5, 2024: • Current NCIB effective from August 5, 1 2024, until August 4, 2025 318,200 • Company intends to renew NCIB to Class A shares purchased for acquire up to 3,278,582 Class A (non- voting) Shares of the Company, aggregate consideration of representing app
Slide 16: For more information
Q&A For more information Email: investors@reitmans.com Website: reitmanscanadalimited.com
Slide 17: RCL – Reitmans Canada Ltd. – June 18, 2025
RCL – Reitmans Canada Ltd. – June 18, 2025