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 > Wholesale and Retail trade jobs

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Comment by savyinvestor333on Jan 10, 2024 12:09pm

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Post# 35819538

RE:RE:RE:RE:RE:RE:RE:RE:Wholesale and Retail trade jobs

The problem with relating this to any idividual stock price is that you don't know what is already priced in. We could have a terrible recession and any particular stock could increase or decrease with no correlation to the economy. Seems to me Reitman's has already priced in a Big recession. If it doesn't happen we are Golden if it does it is possible that we have no downside. It;s not like we are trading at a Premium.

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