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 > They know when to pick a date

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Comment by savyinvestor333on Apr 27, 2022 1:25pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:They know when to pick a date

I think you will be fine. If you only bought a partial position it may be a good time to average down. Like I said after earnings give it a week. The large seller does not seem to be done yet and seems like they just want out regardless of price. I think they will soon be done and also any fund will have had time to go over the financials .GLTA

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