Reitmans (Canada) Limited reported earnings results for the third quarter and nine months ended October 29, 2022. For the third quarter, the company reported sales was CAD 205.61 million compared to CAD 178.18 million a year ago. Net income was CAD 14.61 million compared to CAD 26.83 million a year ago. Basic earnings per share from continuing operations was CAD 0.3 compared to CAD 0.45 a year ago. Diluted earnings per share from continuing operations was CAD 0.3 compared to CAD 0.45 a year ago. Basic earnings per share was CAD 0.3 compared to CAD 0.55 a year ago. Diluted earnings per share was CAD 0.3 compared to CAD 0.55 a year ago.
For the nine months, sales was CAD 588.69 million compared to CAD 471.73 million a year ago. Net income was CAD 50.21 million compared to CAD 60.94 million a year ago. Basic earnings per share from continuing operations was CAD 1.03 compared to CAD 0.94 a year ago. Diluted earnings per share from continuing operations was CAD 1.03 compared to CAD 0.94 a year ago. Basic earnings per share was CAD 1.03 compared to CAD 1.25 a year ago. Diluted earnings per share was CAD 1.03 compared to CAD 1.25 a year ago.