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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Post by savyinvestor333on Apr 12, 2022 1:34pm

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Post# 34597619

The doubter

Obviously someone has doubt's about the 4th quarter results. Anon has been selling constanly at $1.60 and lately $1.55. It must have been a large position as volume has been fairly good. The other retailers seem to all have had a good fourth quarter and I am expecting the same here. We should know soon and am patiently waiting and adding at this level. I believe we have alot of upside from these levels.

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