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 tompernson Apr 15, 2020 3:00pm

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Post# 30912979

RE:RE:RE:RE:RE:RE:RE:RE:High volume

25 percent drop today on 4,600 shares ($2,000 worth). And management sits there and does nothing. If they were orchestrating a cheap privatisation I would say kudos, but I don't even think they are capable of pulling it off. Almost $1 billion of annual sales and the company is now worth $20mm, yet the insiders don't have the guts to buy shares at these levels. Speachless.

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