The earnings call reflected a challenging quarter for Reitmans Canada Limited, with significant declines in revenue and profitability measures. Despite growth in e-commerce and successful new store openings, the overall sentiment is overshadowed by increased losses and operational challenges.

Company Guidance

In the first quarter of fiscal 2026, Reitmans Canada Limited faced several challenges, resulting in a 4.1% decrease in total net revenues to $158.9 million compared to the previous year. Despite a 1% increase in e-commerce revenue, the company experienced a decline in in-store traffic due to near-record snowfall and cautious consumer spending amid economic uncertainties. This led to a net loss of $10 million and an adjusted EBITDA loss of $10.6 million. Strategic efforts included the opening of six new stores and the commencement of a digital strategic road map, aiming to bolster brand growth and modernize the digital experience. The company plans to reinvest approximately $100 million in growth initiatives over the next five years, targeting $1 billion in annual revenues and adjusted EBITDA of $60-70 million by fiscal 2030. The guidance emphasized a focus on enhancing customer experience and optimizing store locations, with 75% of the growth investment earmarked for store expansions and 25% for digital technology modernization.

Increase in E-commerce Revenue

Despite overall challenges, e-commerce revenue increased by 1% in the first quarter, indicating growth in the digital sales segment.

Successful New Store Openings

The company opened six new stores during the quarter, which have shown strong growth and performance, exceeding expectations.

Healthy Inventory Levels

Strategic promotional activities led to healthy inventory levels at the end of the quarter, despite challenges in overall sales.

No Long-Term Debt

The company maintained a strong financial position with no long-term debt other than lease liabilities and no amounts drawn under the company's bank credit facilities.

Reitmans (Canada) (TSE:RET.A) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:RET.A Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 18, 2025	2026 (Q3)	- / -	0.042	―	―	―
Sep 18, 2025	2026 (Q2)	- / 0.26	0.319	-18.50% (-0.06)	―	―
Jun 17, 2025	2026 (Q1)	- / -0.20	-0.03	-573.33% (-0.17)	―	―
Apr 10, 2025	2025 (Q4)	- / -0.08	0	―	―	―
Dec 19, 2024	2025 (Q3)	- / 0.04	0.107	-60.75% (-0.07)	―	―
Sep 19, 2024	2025 (Q2)	- / 0.32	0.273	16.85% (+0.05)	―	―
Jun 18, 2024	2025 (Q1)	- / -0.03	-0.079	62.03% (+0.05)	―	―
Apr 18, 2024	2024 (Q4)	- / 0.00	0.562	―	―	―
Dec 14, 2023	2024 (Q3)	- / 0.11	0.299	-64.21% (-0.19)	―	―
Sep 14, 2023	2024 (Q2)	- / 0.27	0.764	-64.27% (-0.49)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:RET.A Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Sep 18, 2025	C$2.10	C$2.01	-4.29%
Jun 17, 2025	C$2.25	C$2.00	-11.11%
Apr 10, 2025	C$2.13	C$1.97	-7.51%
Dec 19, 2024	C$2.51	C$2.45	-2.39%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Reitmans (Canada) Class A (TSE:RET.A) report earnings?

Reitmans (Canada) Class A (TSE:RET.A) is schdueled to report earning on Dec 18, 2025, TBA (Confirmed).

What is Reitmans (Canada) Class A (TSE:RET.A) earnings time?

Reitmans (Canada) Class A (TSE:RET.A) earnings time is at Dec 18, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

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What is TSE:RET.A EPS forecast?

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