Reitmans Ord Shs V.RET

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

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 > L2

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Comment by nedstar71on Dec 16, 2022 10:31am

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Post# 35175624

RE:L2

Zemoy190 wrote: Some troll is selling 100K shares of the RET class at 2.25,,, holding stock price hostage

But all the same, willing to take that price for those shares. Until management signals they're willing to play ball the share price won't gain much traction. They missed a golden opportunity to announce an uplisting with these earnings or even a small dividend, which would have driven the share price substantially higher. The market yawned due to management's clear lack of interest in increasing the share price by doing some very simple things.

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