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 > Reitmans: L'article du professeur Lavallée

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Comment by pennylane101on May 05, 2023 8:47am

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Post# 35432463

RE:Reitmans: L'article du professeur Lavallée

This is just speculation. Could the Reitmans potentially take over the company for a small premium over the current price given that the book value of the company is $5.34 and the fair value of the real estate is in the hundreds of millions? Surely minority shareholders are protected should that happen. Yes?

The Reitmans have a lot of integrity. I can't imagine them doing that. They would be fair to minority shareholders.

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