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Reitmans Ord Shs V.RET.A


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

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

Comment by nedstar71on Jun 19, 2024 12:23pm
98 Views
Post# 36096127

RE:Classic Example

RE:Classic ExampleNot sure that really applies with RET.   Otherwise you could have basically said every other quarter for the past couple of years is a classic example of why you sell before the news release lol.  The stock was clearly bottoming in the $2.35 range so downside was limited barring a catatophic event.  Not much volume, but definitely could continue to grind higher.
Decent earnings considering the macro environment, maybe the NCIB will help with those low volume days.

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