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 > L2

<< Previous

Bullboard Posts

Next >>

Comment by savyinvestor333on Dec 18, 2022 8:43am

162 Views

Post# 35178275

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:L2

Northforce13 wrote: Guess you guys are right and the idea of it happening is not so far fetched

I just think it would be a bad idea for an acquirer, based on my belief of jack of all trades master of none.

Conglomerates have existed in the past, generally do poorly b/c of that

I never said it would be a good idea for the acquirer but it would great for the seller and that would be us. CTC trades at 1.55 price to book and 8.6 times earnings. Just imagine how much then could pay and still call it accretive. $7.50 is still below those metrics

<< Previous

Bullboard Posts

Next >>

Critical materials crisis: Diversifying away from China’s monopoly