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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 Torontojayon Apr 14, 2023 8:32am
113 Views
Post# 35394764

RE:Overall Summary of Positive Earnings

RE:Overall Summary of Positive Earnings

Hi Iram, thank you for this post. I agree with your targets. 

$10 is very realistic. 

As for free cash flow numbers I have the following: 

There are 2 measures of free cash flow I like to use. One that includes changes to non cash working capital and one that excludes it. 


1) free cash flow excluding changes to non cash working capital: 

$49,236


- this number excludes the volatile non cash component and  includes interest paid,interest received, capital expenditures and lease payments 

2) free cash flow including changes to non cash working capital: 

$105,642

The first number is more sustainable measure of free cash flow but the second number is the traditional way, albeit with more volatility. 

 

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