Reitmans Ord Shs V.RET

Alternate Symbol(s): V.RET.A | RTMAF | 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 > Cash on hand

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Post by Northforce13on Sep 18, 2023 2:20pm

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Post# 35641845

Cash on hand

The problem to some extent with the cash on hand argument is that they have a lot of accounts payable without an offsetting accounts receivable. The offset to some extent is inventory, but the value of inventory in the form of clothing can be precarious in an economic slowdown.

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