Reitmans Ord Shs V.RET.A

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

Consumer Cyclical

Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a specialty fashion destination. Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-sized fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada. RW&CO. operates stores in shopping malls, as well as on their e-commerce site. RW&CO. specializes in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. The Company operates 406 stores consisting of 235 Reitmans, 91 Penningtons and 80 RW&CO.

TSXV:RET - Post by User

Reitmans Ord Shs > Objectif : moderniser la compagnie

<< Previous

Bullboard Posts

Next >>

Comment by savyinvestor333on Jun 16, 2023 9:41am

131 Views

Post# 35499901

RE:Objectif : moderniser la compagnie

naissance17 wrote: https://www.lapresse.ca/affaires/entreprises/2023-06-16/une-pdg-pour-moderniser-reitmans.php

The management of Reitmans is convinced that the action is undervalued on the stock market. The book value of the stock is approximately $5, notes chief financial officer Richard Wait. Over the past year, Reitmans shares have gone from 75 cents to their current level of $3 on the Toronto Venture Exchange.

The executives also say they are examining the possibility of migrating to the Toronto Stock Exchange, which could potentially attract the interest of institutional investors and analysts.

<< Previous

Bullboard Posts

Next >>

This junior mining stock offers billions in market exposure