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Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMAF | V.RET.A | 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 Torontojayon May 31, 2023 11:50am
100 Views
Post# 35472651

RE:Random number generator came up with 3.1%

RE:Random number generator came up with 3.1%

I agree wholeheartedly. 

Reitmans is in a great position with no debt and huge cash pile. It is much less risky going into a potential recession then some of the expensive names out there. Now is the time to pick up solid companies and to be more defensive. 

I still think this could hit $10 over the next couple years if earnings can remain robust as in 2022. 

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