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.

TSXV:RET - Post by User

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

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Comment by TheCount11on Dec 15, 2023 1:37pm

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Post# 35787076

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

Just to clarify for investors. IFRS states that inventory is measured as the lesser of cost or net realizable value every time Financial Statements are prepared. See FS Note 5.

IMO Q4 inventory blow out waterfalls down. Lower Revenue, Lower Gross Margins, Lower Operating Margins.

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