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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 Dali812on Apr 18, 2023 5:03am
142 Views
Post# 35399851

Comparable sales

Comparable salesOne metric we might be forgetting about but is very important is comparable sales (to assess store performance and sales growth.). 
In the past(2012-2018) these sales had the tendency to decline, but in fiscal 2023 they grow each quater YoY. I know fiscal 2022 isn't really best for comparison but we should watch this metric now in fiscal 2024 and how it will compare to 2023....
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