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.