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Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMNF | RTMAF | V.RET.A

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

Comment by TheCount11on May 16, 2022 9:56pm
68 Views
Post# 34688027

RE:RE:RE:RET - not generating as much cash flow as thought?

RE:RE:RE:RET - not generating as much cash flow as thought? We are all rich if WE let management know that we expect the business to be managed for shareholders.  We all think of tech companies diluting shareholders but I didn't see Apple, Microsoft, Amazon, etc diluting shareholders by over 4% in 2022.

Manage the business for profit vs revenue.  I don't care if sales this year are $600 million as long as gross margin is 58% or above.  I am OK with giving up 62M in revenue al long as gross margins are over 58%.  Operating marings should be minimum 14%.  That would give an operating profit of 84M.  That is a lot of money for a buy back!
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