Reitmans (Canada) Limited (TSE:RET) has released an update.
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Reitmans (Canada) Limited has reported a robust second quarter for fiscal 2025, showcasing a 3.5% growth in comparable sales and a 21.9% surge in adjusted EBITDA. The company’s net earnings improved by 17.2%, despite operating fewer stores, indicating a strong product resonance with customers and successful management of supply chain challenges. Reitmans’ leadership is optimistic about future growth and the modernization of its distribution facility to support long-term goals.
For further insights into TSE:RET stock, check out TipRanks’ Stock Analysis page.
