Reitmans (Canada) Limited posts slight revenue increase in Q2

Reitmans (Canada) Limited (RCL), a leading specialty apparel retailer, has reported its financial results for the second quarter of fiscal 2026 with net revenues were 215.9 million Canadian dollars, a slight increase over last year, despite operating three fewer stores. However, comparable sales decreased by 1.3 percent, and the gross profit margin dropped by 220 basis points to 56.9 percent.