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 > 9th Monitor Report is out

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Post by savyinvestor333on Dec 15, 2021 5:32pm

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9th Monitor Report is out

on the EY website. Some great info on there. sitting on $101 million cash as of Dec 4/21 Also note book value of property and equipment of $65 million has an current value of between $114 and $117 million. Low value on inventory is 88 million Back of the napkin book value estimate now at $4.00 a share.

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Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload