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 > Donville/Kent Roe Reporter

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Comment by nedstar71on Jul 24, 2023 8:06pm

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Post# 35555138

RE:RE:RE:RE:Donville/Kent Roe Reporter

RedeyeGarf2 wrote: They just came out of bankruptcy protection in late 2021. I speculate that they want a year under their belt (with solid numbers) before uplisting.

I disagree. It should have been done almost immediately after. If already uplisted solid numbers would move the stock as they roll in. As it stands there is no analyst coverage and many funds can't touch it, being on the gutter exchange.

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