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 > Projected EPS for 2023/24 fiscal year should be 22 million

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Comment by Northforce13on Dec 15, 2023 11:47am

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Post# 35786804

RE:RE:RE:Projected EPS for 2023/24 fiscal year should be 22 million

"Only other note, the COG and Operating expense was higher than normal given the revenue. Earnings will be closer to 1-3 M is my guess. "

No and no, the COG Opex for Q4 are always higher than other quarters historically, Q4 is the Q in which they writedown inventory and blow it out.

Adjusted earnings for Q4 will be negative, just like last year they were negative, but this year they will likely be even more negative because sales will likely have declined.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle