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 > Can we fire this dogsht management or what

<< Previous

Bullboard Posts

Next >>

Comment by Mephistopheles3on Jun 29, 2022 4:39pm

156 Views

Post# 34791815

RE:RE:RE:RE:Can we fire this dogsht management or what

Good point - I bought more in the mid 80's a few days ago and I can't put anymore in.

Right now, there's no link with the fundamentals or intrinsic value calculations / FCF cash flows, it's just trading going in and out which is creating some good buying opportunities everywhere.

There was no actual news today that would explain a large decrease, other than the market is really souring on consumer discretionary. H&M earnings came out today pretty solid and it will be interesting to see how Aritizia does next week. Despite the headwinds with retail, still feeling good about RET.

<< Previous

Bullboard Posts

Next >>

Morning Market Outlook for Nov. 14, 2024