BMTC GROUP INC. ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED APRIL 30TH, 2026

MONTREAL , June 8, 2026 /CNW/ - Results For the three month period ended April 30, 2026, the Company's revenues decreased by ($8,548,000) to $141,576,000 compared to $150,124,000 recorded for the corresponding period of 2025, a decrease of (5.7%). This decrease is primarily attributable to the Tanguay division, whose revenue declined by ($8,853,000) or (5.9%). Same-store sales also decreased by (5.9%) during the period. Revenue from the real estate division increased by $305,000 compared with the corresponding period in 2025. Net loss for the three month period ended April 30, 2026, amounted to ($2,265,000) compared to the net loss of ($12,933,000) recorded for the corresponding period in 2025. Basic net earnings per share amounted to ($0.07) compared to ($0.40) recorded for the corresponding period in 2025. For the three month period ended April 30, 2026, there is no adjustment to net income. The change in net income amounted to $10,668,000, representing $0.33 per basic share. This variation, as well as that of the corresponding period, is explained as follows: (Unaudited and $ in thousands) April 30 2026 April 30 2025 Net earnings (2 265) (12 933) Minus: net earnings for the previous year (12 933) Variation 10 668 The variation in net adjusted earnings is allocated as follows: (Unaudited and $ in thousands) Increase (decrease) in retail operations Increase (decrease) in investments Increase (decrease) in investment properties Increase (decrease) in adjusted net earnings As at April 30, 2026 (8 128) 15 356 3 440 10 668 Retail division Net loss amounted to ($10,797,000), representing a decline of ($8,128,000) compared to the net loss for the corresponding period of 2025. This variance is primarily attributable to a (5.9%) decrease in sales recorded during the period, as well as higher fixed operating costs resulting from the rollout of outsourced warehousing and distr