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Reitmans Ord Shs V.RET.A


Primary Symbol: V.RET Alternate Symbol(s):  RTMNF | RTMAF

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.


TSXV:RET - Post by User

Post by nozzpackon May 16, 2023 12:44pm
146 Views
Post# 35450587

Q2 Will be Solid too

Q2 Will be Solid too

We launch into Q2 with a surprisingly strong economy, which will be needed as headwinds intensify.
The tipping point between growth and recession in any business cycle often involves the interplay between policy, the economy and financial markets.

Spending and employment data have remained strong, despite higher inflation that has caused the Fed to raise rates aggressively.

This is testament to the momentum the economy carried into 2023.

Bank failures, hyped to the moon by the talking heads, are now no longer an issue and the debt ceiling will also be taken care of.

So, Q2 is already in the bag.

The MIC has over $1 Trillion in military Contracts to replace Outdated military 
hardware dumped into Ukraine by the EU NATO nations which it will soon begin to build.

That takes care of the next year .

So, we are going to have as good a year as 2022

 

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