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 > L2

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Comment by nedstar71on Dec 16, 2022 10:31am

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Post# 35175624

RE:L2

Zemoy190 wrote: Some troll is selling 100K shares of the RET class at 2.25,,, holding stock price hostage

But all the same, willing to take that price for those shares. Until management signals they're willing to play ball the share price won't gain much traction. They missed a golden opportunity to announce an uplisting with these earnings or even a small dividend, which would have driven the share price substantially higher. The market yawned due to management's clear lack of interest in increasing the share price by doing some very simple things.

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