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MONTREAL, June 18, 2025 /CNW/ - Reitmans (Canada) Limited (the "Corporation") (TSXV: RET) (TSXV: RET-A), one of Canada's leading specialty apparel retailers, announced today that each director nominee listed in the Corporation's Management Proxy Circular dated May 14, 2025 (the "Circular") was elected as director of the Corporation at its Annual General Meeting of Shareholders held today in Laval, Québec.
The details of the election are as follows:
DIRECTOR NOMINEE
OUTCOME
VOTES FOR
% FOR
VOTES AGAINST
% AGAINST
Bruce J. Guerriero, CPA
Elected
8,479,174
81.41 %
1,936,157
18.59 %
David J. Kassie
Elected
10,352,293
99.39 %
63,038
0.61 %
Andrea Limbardi
Elected
10,356,841
99.44 %
58,490
0.56 %
Samuel Minzberg
Elected
10,017,692
96.18 %
397,639
3.82 %
Daniel Rabinowicz
Elected
8,473,722
81.36 %
1,941,609
18.64 %
Gillian Reitman
Elected
10,025,100
96.25 %
390,231
3.75 %
Stephen F. Reitman
Elected
8,621,610
82.78 %
1,793,721
17.22 %
Anita Sehgal
Elected
10,356,841
99.44 %
58,490
0.56 %
Martin Thibodeau
Elected
10,357,341
99.44 %
57,990
0.56 %
Terry Yanofsky
Elected
10,353,341
99.40 %
61,990
0.60 %
MONTREAL, June 17, 2025 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET-A), one of Canada's leading specialty apparel retailers, today reported its financial results for the first quarter ended May 3, 2025. Unless otherwise indicated, all comparisons are to the first quarter ended May 4, 2024. All dollar amounts are in Canadian currency.
Highlights
Net revenues decreased 4.1% to $158.9 million, primarily due to severe winter weather in the month of February and economic uncertainty.Comparable sales1 decreased 4.5%.Gross profit % was down 100 basis points to 55.7%.Adjusted EBITDA1 was negative $10.6 million.Net loss was $10.0 million, or $0.20 per share.Management will host an earnings conference call and webcast onJune 18, 2025, at 8:30 a.m. Eastern Time
MONTREAL, May 28, 2025 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET.A), one of Canada's leading specialty apparel retailers, today announced that it will release the financial results for the first quarter of 2026 on Tuesday, June 17, 2025, after the market closes and will hold its conference call the next morning at 8:30 a.m. Eastern Time.
Details of the Conference Call
MONTREAL, May 13, 2025 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET-A), one of Canada's leading specialty apparel retailers, announced today that longtime technology executive, Martin Thibodeau, will join its Board of Directors effective today.
Mr. Thibodeau has over three decades of senior leadership experience in Information Technology within the Retail industry. He has previously served as Chief Technology and Information Officer of Groupe Dynamite and Indigo Books & Music as well as in senior IT leadership roles at Laura Canada and Limited Brands Canada. In addition to his Board appointment at RCL, Mr. Thibodeau is currently SVP and Chief Information Officer at Rona and Board Member at Centraide.
Proudly Canadian retailer plans to reach $1 billion in annual net revenues by the end of fiscal 20301
MONTREAL, April 10, 2025 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET-A), one of Canada's leading specialty apparel retailers, today reported its financial results for the fourth quarter and year ended February 1, 2025. Unless otherwise indicated, all comparisons are to the fourth quarter and year ended February 3, 2024, results of which are inclusive of an additional week compared to the corresponding periods in fiscal 2025 due to the Company's floating year end. All dollar amounts are in Canadian currency.
Management will host an earnings conference call and webcast on April 11, 2025, at 8:30 a.m. Eastern Time
MONTREAL, March 27, 2025 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET.A), one of Canada's leading specialty apparel retailers, today announced that it will release the financial results for the fourth quarter of 2025 on Thursday, April 10, 2025, after the market closes and will hold its conference call the next morning at 8:30 a.m. Eastern Time.
Details of the Conference Call
MONTREAL, Jan. 14, 2025 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET-A), one of Canada's leading specialty apparel retailers, announced today the retirement of Gale Blank, RCL's Chief Information Officer. Ms. Blank's retirement is set for September 2025 after more than five years with the Company. The Company has begun a talent search for a successor.
"Gale joined us five years ago with this goal in mind: to lay the foundations of a solid technology infrastructure essential to our long-term growth," said Andrea Limbardi, President and CEO of RCL. "Thanks to her vast experience and deep commitment, she has achieved that goal as well as put in place a team capable of continuing to build upon that strong foundation. I would like to sincerely congratulate Gale on her incredibly successful career and significant accomplishments. I also want to thank her for the strategic vision and leadership she has demonstrated during her time with us. We have begun a search for the right person to continue to drive our strategic IT objectives, which are core to our growth strategy."
MONTREAL, Dec. 19, 2024 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET-A), one of Canada's leading specialty apparel retailers, today reported its financial results for its fiscal 2025 third quarter. Unless otherwise indicated, all comparisons of results for the 13 weeks ended November 2, 2024 ("third quarter of 2025") are against results for the 13 weeks ended October 28, 2023 ("third quarter of 2024") and all comparisons of results for the 39 weeks ended November 2, 2024 ("year to date fiscal 2025") are against results for the 39 weeks ended October 28, 2023 ("year to date fiscal 2024"). All dollar amounts are in Canadian currency.
Management will host an earnings conference call and webcast on December 20, 2024, at 8:30 a.m. Eastern Time
MONTREAL, Dec. 5, 2024 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET-A), one of Canada's leading specialty apparel retailers, today announced that it will release the financial results for the third quarter of 2025 on Thursday, December 19, 2024, after the market closes and will hold its conference call the next morning at 8:30 a.m. Eastern Time.
Details of the Conference Call
Executive Vice President and Chief Financial Officer, Richard Wait, to retire in April 2025
MONTREAL, Nov. 4, 2024 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET-A), one of Canada's leading specialty apparel retailers, today announced the appointment of Caroline Goulian as Chief Financial Officer, effective November 4, 2024. The Company also announced that Richard Wait, Executive Vice President and Chief Financial Officer, will be retiring next April after a remarkable 40-year career with RCL.