Reitmans (canada) Limited · TSXV:RET
Reitmans (canada) — Q2 2026 Earnings Presentation
14 slides from Reitmans (canada)'s earnings presentation, Sep 19, 2025
Slide 1: Q2 2026 Earnings Call
Q2 2026 Earnings Call RCL – Reitmans Canada Ltd. – September 19, 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: Q2 2026 General Overview
Q2 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 & women size fashion empowers and feel their best with great to be trendsetters, offering women to feel confident affordability. fashion-driven styles from fro
Slide 5: Q2 2026 Financial Highlights
Q2 2026 Financial Highlights $215.9M • Strong response to Reitmans’ Net Revenues Summer collection $21.4M • Focused promotions moved inventory but impacted Adjusted EBITDA(1) margins • Continued focus on SG&A: $13.1M reduced total costs by >$2.7M Net Earnings (1) This is a non-GAAP financial measure
Slide 6: Our Ambition by Fiscal 2030
Our Ambition by Fiscal 2030 We plan to grow to $1 billion 25% in revenue with Adjusted EBITDA of $60-$70M Over 75% $100M of investment Reinvesting approximately $100M in growth capital over the next 5 years Invest in store renovations, expansions, and openings Modernization of digital technology & i
Slide 7: Strategic Initiatives Update
Strategic Initiatives Update Stores • Reitmans: Relocation and Expansion Southgate (Edmonton, AB) • PENN: Elevated 360 Store Experience Pilot rolled out in 12 stores • RW&CO: Coming soon in October 2025 - Opening 8,000 sq. ft. flagship store in Saint-Bruno, Québec (expansion) Digital Transformation
Slide 8: Q2 2026 Financial Results
Q2 2026 Financial Results Caroline Goulian, CPA Chief Financial Officer
Slide 9: Net Revenues and Gross Profit
Net Revenues Gross Profit (in millions of CAD$) (in millions of CAD$) 240 150 215.5 215.9 127.3 122.8 120 180 90 120 60 60 30 0 0 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Net revenues were up slightly despite 3 Gross profit margin decreased by 220 bps to fewer stores and closure of Thyme 56.9%, due to increa
Slide 10: Adjusted EBITDA and Net Earnings
Adjusted EBITDA Net Earnings (in millions of CAD$) (in millions of CAD$) 24 23.4 18 21.4 15.7 18 13.1 12 12 6 6 0 0 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Decrease attributable to lower gross profit; Earnings per share (basic & diluted) was foreign exchange gain last year; partially offset $0.26 vs $0.32 a
Slide 11: Solid Financial Position
Solid Financial Position Working Capital (in millions of CAD$) $125.3M Strong cash position provides flexibility 180 165.7 149.6 $126.3M 150 120 90 Well-positioned inventory level 60 30 0 $0 FY 2025 Q2 2026 Bank debt 11 - RCL – Reitmans Canada Ltd. – September 19, 2025
Slide 12: Normal Course Issuer Bid
Normal Course Issuer Bid • Renewed NCIB effective from From August 5, 2024, August 5, 2025, until August 4, to August 2, 2025: 2026 390,600 • Company may acquire up to 3,700,472 Class A (non-voting) Class A shares purchased for Shares, representing aggregate consideration of approximately 10% of the
Slide 13: For more information
Q&A For more information Email: investors@reitmans.com Website: reitmanscanadalimited.com
Slide 14: RCL – Reitmans Canada Ltd. – September 19, 2025
RCL – Reitmans Canada Ltd. – September 19, 2025