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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

Post by filoux004on Feb 15, 2023 8:31am
122 Views
Post# 35286901

Nothing wrong

Nothing wrongNothing wrong with taking profits. But ask yourself is there a better story out there in the Canadian small cap universe. Please share much appreciated. Remember a stock price as two components the present (ie the balance sheet and income statement) and the future ie Blue sky. I would venture to say that very few PM are willing to put a high premium on blue sky given the present macro economic backdrop and monetary policy remaining on high alert . Remember the trend of the 10 year us bond yield is your best indicator and lately it's being creeping back towards 4% indicating the Fed will not pivot probably until the end of the year. DD and glta
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