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Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMNF | RTMAF | V.RET.A

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.


TSXV:RET - Post by User

Bullboard Posts
Post by Fritzeratoron Dec 02, 2016 9:52am
109 Views
Post# 25545608

Reitmans getting it done here........

Reitmans getting it done here........think this was a great quarter as well!! I am very pleased online sales are building as they are - lots of room for cont'd momentum there ........think we have the right team pushing things here.
       I look for progress/momentum and improvement has been steady by the quarter. Project current profits over next four and we have gone from a loss to a respectable PE in/ around 14........Contra Guy or Guys had a price target on this of about 12 bucks if my memory serves me correctly..........I agree, think this will very quietly work its way over 10 bucks in the year to come......in the meantime nice divvy ...........don't forget Prince Harry's girlfriend, that scenario hasn't moved the needle yet!!!........stay tuned.
Bullboard Posts