Reitmans Canada Ltd Q2 2026 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Edward O'Flynn - Parma Investments - Analyst : Hi. Eddie O'Flynn here from Parma. A little bit disappointing on a like-for-like basis in light of [Routes] and Groupe Dynamite. Could you talk us through what year one looks like in terms of the strategic rollout of additional stores and give us some more color on store payback and return investments? That's my first question. Also, as has been pointed out in the past several times, the company is in a very advantageous position in terms of cash balance on the balance sheet. What are we going to do -- or rather, what are you going to do in terms of maximizing shareholder value with this cash pile in terms of returns or other strategies around that? Thank you.

Question: Edward O'Flynn - Parma Investments - Analyst : Thank you, Andrea. I'm conscious -- I don't want to take too much of your time, but on payback and return investment, as a public company, it's uncommon to be that vague around what shareholders are getting for the capital to be deployed. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. SEPTEMBER 19, 2025 / 12:30PM, RETa.V - Q2 2026 Reitmans Canada Ltd Earnings Call What's the justification for not publishing any numbers around return on investment capital or IRR hurdles or anything like that? We should be aware of how our capital is being spent. Not just, listen, trust us here. No other public company that I own takes that approach to things. Transparency here is key.