Reitmans Ord Shs V.RET

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

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.

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Reitmans Ord Shs > Results in April!

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Comment by Shredder415on Mar 30, 2022 10:47am

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Post# 34558887

RE:RE:RE:Results in April!

I disagree, there have been several good quarters. There is plently of liquidity of the balance sheet for a roughly $12 million dividend/buyback. The market is placing zero terminal value on the business. The Reitmans should be focused on returning capital to shareholdes/themselves. Using a potential imminent recession to hold off on returning capital is a mistake.

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