Reitmans Ord Shs V.RET

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

Consumer Cyclical

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.

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Reitmans Ord Shs

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Comment by 5to10holdon Mar 30, 2017 11:03am

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Post# 26052006

RE:RE:REITMANS : WHEN WILL MANAGEMENT WAKE UP AND BUY OUT

E-commerce growth likely not sustainable at those rates - only reason they are that high is because they started from nothing. Company has transitioned however in terms of revamping the brand. I too am waiting for a buy-out but it is not going to come yet - the real play for Reitmans is the torque on gross margin from FX exposure. If they can keep sales increasing slightly to buy time while US/CAD normalizes over time, you are going to see cash flow increase signficantly (and therefore price) - that's when you sell the business.

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