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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 nedstar71on Dec 13, 2022 3:04pm
132 Views
Post# 35169244

RE:Earnings predictions?

RE:Earnings predictions?I don't think.so.  Reitman's isn't selling the same type of overpriced clothing that people cut back on when they cut their discretionary spending.  It's inexpenive clothing that women need now that the work from home in sweats fiasco has mostly come to an end.  That being said they may dutifully temper expectations in future quarters which may keep a lid on things.  If they'd just show a glimmer that they were willing to play ball va an uplist or ncib the share price would likely increase 50% in short order.
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