Reitmans Ord Shs V.RET

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

Consumer Cyclical Apparel Stores

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 > Book value of 4.49 already

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Comment by nedstar71on Dec 08, 2022 10:10pm

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Post# 35160875

RE:RE:RE:Book value of 4.49 already

tomperns wrote: I agree but nothing is a no brainer with this management. All i want for Christmas is for 25 cents per share earnings in Q3 and cash on hand just over $50M. The market will eventually see the value. IMO, RET is worth $4-5 with another good Q next week.

Agreed about the $4-5. It's a shame they don't seem all that interested in driving up the share price. This should have been moved to the main TSX months ago.

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