Reitmans Ord Shs V.RET

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

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 > Rocketing upwards

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Comment by nedstar71on Oct 31, 2022 10:32pm

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Post# 35061908

RE:RE:Rocketing upwards

tomperns wrote: Not sure this ever hits $8, but $5 is very possible with a couple of more profitable quarters. Can't see this trading more than 5 times PE. I was calling $5 when it was at $1, and called crazy. Market eventually wakes up and chooses 2 times PE over BS Tesla and Amazon plays at 100 times PE

Why are you guys only using $1 as your basis for PE?

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