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.

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Reitmans Ord Shs > The Siege may soon be lifted

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Comment by nozzpackon May 01, 2023 9:58am

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The Siege may soon be lifted

ATZ was outright bullish about its business prospects.....

"contributed to our better-than-anticipated results, fuelled by a tremendous client response to our collection of beautiful products and our everyday luxury experience," said Jennifer Wong, chief executive officer.

"Revenue in the United States grew 58 per cent, driven by our growing brand awareness and exceptional comparable store sales results.

Total e-commerce revenue increased an impressive 36 per cent on top of 47 per cent last year, showcasing the strength of our multichannel business.

"Our strong performance has carried into the fourth quarter to date, with client demand balanced across our product assortment.

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A junior copper-gold stock trading at a bargain of monumental proportions