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Reitmans Ord Shs V.RET

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

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 13, 2023 11:51pm
111 Views
Post# 35394504

RE:RE:Overall Summary of Positive Earnings

RE:RE:Overall Summary of Positive EarningsBBD is one of my better portfolio winners. I won't lie, it's been a rough ride but they have turned it around. I managed to buy a chunk at $12 (or 48¢ pre-split) giving me a green position today. And, it still has legs. Debt is coming down, credit rating upgrades, FCF growing and no more cancerous train or commercial jet divisions. Rolled 10% of my gains into RET.A a couple months back.

Trooper01 wrote: Very good post, true this kind of opportunity doesnt come very often in an investor life.. just look at bombardier last year nice turnaround too , stock was at 20$ now sitting at 70$


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