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 > Been dipping in on the buy side

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Comment by savyinvestor333on Jan 30, 2024 3:19pm

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Post# 35853335

RE:RE:Been dipping in on the buy side

Torontojay wrote:
Be patient Savy. I would wait until after Q4. You might get a better look at the share price and some insight from management.

This is in what I would call part of the "Riskier" side of my Portfloio. My thoughts on that are if their is any "Better than Expected" news released after hours you will be paying 30% or maybe more than todays price. I see good protection on the downside right here.
And it doesn't hurt that another of my "Riskier" plays FAR.TO has rallied almost 50% already this year. So I can let it ride for now. GLTA

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