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 > Q1 ,,,

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Comment by winnerswingon Jun 22, 2022 3:53pm

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Post# 34775061

RE:RE:Q1 ,,,

This will probably drop below 1$. Yes Q1 is better in terms of revs compared to Q1's of couples of previous yrs, and it is pretty decent compared to net losses of Q1's of the previous years (weakest QTR due to season?). But let's not forget that it comes out of bankruptcy and it has to be profitable in order to generate confidence from shareholders.

i am not pleased because I was expecting a good profit, but on the other hand there are good things that happened like described above, so I think it should be interesting in the next fews weeks/months.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?