Canada's Reitmans Q3 adjusted EBITDA rises

Reitmans Canada

18/12/2025 22:13

Corrects to specify Q3 net earnings figure in Overview is in Canadian dollars, removes mention of promotional activity from Result Drivers

Overview

Canada specialty apparel retailer's fiscal Q3 net revenues grew 3.8% yr/yr

Adjusted EBITDA for fiscal Q3 rose 47.4% yr/yr, driven by higher gross profit

Net earnings for fiscal Q3 fell to C$0.9 mln from C$2.1 mln last year

Outlook

Company did not provide specific future guidance in press release

Result Drivers

STORE EXPANSION - Reitmans opened new stores in British Columbia, Alberta, Nova Scotia, and Quebec, contributing to revenue growth

STRATEGIC INITIATIVES - The re-opening of RW&CO Saint-Bruno flagship store marked a significant milestone in redefining the brand's identity

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
C$194.9 mln
Q3 EPS
C$0.02
Q3 Adjusted EBITDA
C$5.60 mln
Q3 Gross Profit
C$109.60 mln


Press Release: ID:nCNWJprLla

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)