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.

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Reitmans Ord Shs > The Risk of Investing in a Dual Listed Family Business

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Post by churchofnutsaccon Apr 14, 2023 10:03am

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Post# 35394977

The Risk of Investing in a Dual Listed Family Business

So we have $20 million being paid out to management this year, and the MD&A doesn't even have a single footnote about a potential plan for return of capital to shareholders.

They are indeed sitting on a lot of cash, but I just assume that cash will just go to management becaue, what are you gonna do about it? Dual shares.

Only in Canada.

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