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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 flamingogoldon Apr 11, 2023 4:02pm
63 Views
Post# 35389261

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Stock will explode on Friday

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Stock will explode on FridayI tend to agree. I took a position based on capital growth prospects. A dividend seems premature given the economy which could still spill into a recession. If they do announce one, the yield seekers will pile in and the stock will jump but then may flatline. If they hold off but announce good numbers, the stock will jump anyway. I say let the growth take us higher and then when that stabilizes implement a divy that takes us even higher.

nedstar71 wrote: Not to mention the only way most reputable analysts would cover the stock is for it to be listed on the TSX, as well as certain funds etc being willing to own it.  It makes no sense for this to not have been initiated already, and would make even less sense to start paying out a dividend before most analysts are even able to cover it, or funds are able to own it.


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