2022 Canadian Clothing stores sales are VERY good so farJune retail data from StatCan are out. Canadian clothing stores had their best month of june over the past 5 years. It was already the case in february, march, april and may. So far, 2022 is a record year for the industry.
It explains why Reitmans first quarter operating results were "
the strongest in the last nine comparable quarters" as indicated in the last financial results news release.
Disclosure: I am long Reitmans stock.
Monthly Clothing Stores Sales in Canada 2018-2022 Source:
Add/Remove data - Retail trade sales by province and territory (statcan.gc.ca)