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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Comment by nedstar71on Sep 08, 2023 9:25am

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Post# 35625795

RE:RE:RE:RE:Next report

It does seem to have a solid buyer willing to take any and all at $3. For me, I felt more comfortable being out than in, with the ability to buy back in at what may be higher prices if things are good. This stock can be slower to react to the upside than the downside.
The one unkown is the long overdue uplisting announcement or share buyback. If either of those happen all bets are off. On the flip side it they don't the market may react poorly. Uplisting should have happened already.

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