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 > Q4 Book Value estimate

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Comment by Zemoy190on Apr 20, 2022 1:39pm

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RE:RE:RE:RE:RE:RE:Q4 Book Value estimate

I'm guessing they use a combo of cash and the line of credit. Business has been declining over the last 10 years which is why share buyback probably won't be for few years bro,, plandemic was a good reset for them to find a good amount of stores without losing too much in sales. Brand has good loyalty but will probably look to growing the brand before buying more stock. In my opinion men ,,,

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