Reitmans (canada) Limited · TSXV:RET
Reitmans (canada) — Q4 2026 Earnings Presentation
23 slides from Reitmans (canada)'s earnings presentation, Apr 9, 2026
Slide 1: Q4 2026 Earnings Call
Q4 2026 Earnings Call RCL – Reitmans (Canada) Limited – April 9, 2026
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: Q4 2026 General Overview
Q4 2026 General Overview Andrea Limbardi President and Chief Executive Officer RCL – Reitmans (Canada) Limited – April 9, 2026
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: Q4 2026 Financial Highlights
Q4 2026 Financial Highlights $207.2M • Strong peak Holiday moments and higher sales dollar per transaction drove 1.2% increase in net revenues Net Revenues • Gross profit margin increased 300 bps $2.2M primarily due to less markdowns and promotional activity Adjusted EBITDA(1) • SG&A relatively flat
Slide 6: Reitmans
Reitmans • Customers responded well to continued shift of perception and on trend collections • Less promotional discount levels • Achieved consecutive quarters (and years) of comparable sales growth RCL – Reitmans (Canada) Limited – April 9, 2026
Slide 7: PENN
PENN • Continued Penn’s transformation by modernizing the brand • Delivered on trend products • Elevated the in-store experience RCL – Reitmans (Canada) Limited – April 9, 2026
Slide 8: RW&CO
RW&CO • Launched first Men’s-only pop-up concept store • Continues to fuel momentum of the men’s business as we deliver the best men's experience and assortment for Canada's Urban Professionals. • Q4 results underscore continued progress toward more profitable, focused, and strategically positioned
Slide 9: Strategic Transformation
Strategic Transformation • Realigned workforce to support our multiyear growth strategy • ~9% reduction of head office staff • ~5% reduction of distribution centre roles • Expect transformation initiatives to begin driving improved productivity in fiscal 2027 RCL – Reitmans (Canada) Limited – April
Slide 10: Designed for the Future | Year One Recap
Designed for the Future | Year One Recap Drive Accelerated Brand Growth 13 New store openings 2 Relocations 5 Expansions 17 Store refreshes 15 Store closures RCL – Reitmans (Canada) Limited – April 9, 2026
Slide 11: Designed for the Future | Year One Recap
Designed for the Future | Year One Recap Fuel Growth with Modernization Ignite High Performance • Distribution centre investments • Advanced renewed total rewards and (Sortrak material-handling system, benefits strategy new corrugated baler) • Launched global whistleblower • Advanced digital product
Slide 12: Our Ambition by Fiscal 2030
Our Ambition by Fiscal 2030 Five-year strategy 25% By fiscal 2030, we plan to Over grow to $1 billion in revenue 75% $100M with Adjusted EBITDA of of investment $60-$70M1 Invest in store renovations, expansions, and openings Modernization of digital technology & infrastructure 1 This is a Non-GAAP F
Slide 13: Q4 2026 Financial Results
Q4 2026 Financial Results Caroline Goulian, CPA Chief Financial Officer RCL – Reitmans (Canada) Limited – April 9, 2026
Slide 14: Net Revenues and Gross Profit
Net Revenues Gross Profit (in millions of CAD$) (in millions of CAD$) 240 120 113.8 204.8 207.2 106.2 180 90 120 60 60 30 0 0 Q4 2025 Q4 2026 Q4 2025 Q4 2026 Increased 1.2%, driven by higher sales dollar Margin improved 300 bps to 54.9% primarily due per transaction; comparable sales up 0.4% to less
Slide 15: Net Loss and Adjusted EBITDA
Adjusted EBITDA1 Net Loss (in millions of CAD$) (in millions of CAD$) 3 2 2.2 2 Q4 2025 Q4 2026 0 1 0 -2 Q4 2025 Q4 2026 -1 -4 -2 -4.2 -4.9 -3 -2.6 -6 Improvement attributable to increase in gross Loss per share (basic & diluted) at $0.10 profit. compared to $0.08 last year 1 This is a Non-GAAP Fina
Slide 16: Net Revenue (FY 2026 by Quarter)
Net Revenue (FY 2026 by Quarter) (in millions of CAD$) -6.8 +0.4 +7.2 +2.4 215.5 215.9 204.8 207.2 187.7 194.9 165.7 158.9 Q1 Q2 Q3 Q4 2025 2026 RCL – Reitmans (Canada) Limited – April 9, 2026
Slide 17: Adjusted EBITDA (FY 2026 by Quarter)
Adjusted EBITDA1 (FY 2026 by Quarter) (in millions of CAD$) -11.5 -2.0 +1.8 +4.8 23.4 21.4 3.8 5.6 0.9 2.2 -2.6 -10.6 Q1 Q2 Q3 Q4 2025 2026 1 This is a Non-GAAP Financial Measure. See “Non-GAAP Measures and Supplementary Financial Measures” RCL – Reitmans (Canada) Limited – April 9, 2026 sections in
Slide 18: Solid Financial Position
Solid Financial Position Working Capital 1 (in millions of CAD$) $151.0M Strong cash position to invest in 180 operations 165.7 $110.2M 150 137.2 120 90 Inventory at year end reflects tight inventory management 60 30 0 $0 FY 2025 FY 2026 Bank debt 1 This is a Non-GAAP Financial Measure. See “Non-GAA
Slide 19: Designed for the Future: Year Two
Designed for the Future: Year Two Andrea Limbardi President and Chief Executive Officer RCL – Reitmans (Canada) Limited – April 9, 2026
Slide 20: Designed for the Future | Year Two
Designed for the Future | Year Two Drive Accelerated Brand Growth Fiscal 2027 targets: 4-6 New store openings 5-7 Relocations 2-4 Refreshes/Renovations 3-4 Expansions Continue to optimize fleet based on business needs RCL – Reitmans (Canada) Limited – April 9, 2026
Slide 21: Designed for the Future | Year Two
Designed for the Future | Year Two Fuel Growth with Modernization Ignite High Performance • Reimagining end-to-end product • Continue to strengthen how we lifecycle, from design through delivery, attract, develop, and support our to accelerate speed to market and people unlock operational efficienci
Slide 22: Q&A For more information
Q&A For more information Email: investors@reitmans.com Website: reitmanscanadalimited.com RCL – Reitmans (Canada) Limited – April 9, 2026
Slide 23: RCL – Reitmans (Canada) Limited – April 9, 2026
RCL – Reitmans (Canada) Limited– April 9, 2026 RCL – Reitmans (Canada) Limited – April 9, 2026