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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

Comment by Dali812on Apr 16, 2023 11:50am
85 Views
Post# 35397287

RE:A Statistical Outlook for Q1 of 2023

RE:A Statistical Outlook for Q1 of 2023I think your logic is quiet right...my concern is if we cant see the forest for the trees... in 2012 this company had sales little over 1 bilion cad... and since then the sales were stagnating or slightly decreasing to around 930 milions...they were paying 0.2 anual dividend and the share price went down from 15 cad to 3 cad and then bankrupcy... this company was a dividend cash cow and the share price was undervalued even 10- 5 years ago... the company doesnt provide any update or guidelines for future revenues or strategies...or at least I couldnt find any in anual report...so are we really sure that this company has still upside to offer? That the management will return or start to increase the value for shareholders? Is it still value investment or a value trap? Any thoughts?
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