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.

TSXV:RET - Post by User

Reitmans Ord Shs > Congrats Reitmans management and employees!

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Comment by TheCount11on Apr 22, 2022 11:48am

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Post# 34623904

RE:RE:Congrats Reitmans management and employees!

I personally don't get why NCIB is not already in place. Reitmans share buybacks will boost both EPS and tangible book value but lower growth. I don't think growth should be an objective heading into a slowdown.

I don't see how traders think this will be a $4 stock without an NCIB then an uplisting. Fund managers got burnt holding RET exactly 2 years ago. Who is going to put their reputation at risk without an NCIB?

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From now on, dynaCERT instead of Bitcoin or NVIDIA?