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 > Results in April!

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Comment by Shredder415on Mar 30, 2022 10:47am

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RE:RE:RE:Results in April!

I disagree, there have been several good quarters. There is plently of liquidity of the balance sheet for a roughly $12 million dividend/buyback. The market is placing zero terminal value on the business. The Reitmans should be focused on returning capital to shareholdes/themselves. Using a potential imminent recession to hold off on returning capital is a mistake.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?