Reitmans (Canada) Limited reported strong financial results for Q2 FY25, with net earnings rising 17.2 per cent to $15.7 million and adjusted EBITDA increasing 21.9 per cent to $23.4 million.
Net revenues grew 0.4 per cent to $215.5 million.
For H1 FY25, net earnings rose by 49.5 per cent.
The company credits fewer promotions, efficient inventory management, and strategic expansion for its success.
Net revenues grew 0.4 per cent to $215.5 million.
For H1 FY25, net earnings rose by 49.5 per cent.
The company credits fewer promotions, efficient inventory management, and strategic expansion for its success.