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 > So correct me if I am wrong

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Comment by Zemoy190on Dec 21, 2021 4:56pm

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RE:So correct me if I am wrong

I believe this should be trading around 4-5 bones right now. The fear of creditors pushing Reitmans into bankruptcy was lifted today with the approved plan. Solid earnings in Q4 and year end financials which should be released near the end of April should bring this to around 7-8. Will be very interesting to see where they go after this.

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Cross border trading in Canada and Australia