Reitmans Ord Shs V.RET

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

Consumer Cyclical

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 > Attractive fundamentals

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Comment by CarefulSpecon Apr 16, 2023 9:25am

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Post# 35397169

RE:RE:RE:Attractive fundamentals

Sure if you count large one time federal subsidies they were profitable on an operating basis in the first quarter of fiscal 2022, but they were still barely a net money loser. If you count that quarter as profitable though I have good news. They earned over 50 cents this quarter!

And I'll point out the irony in this sentence

""Get your facts straight and being not a shareholder, why are you posting here."

In response to a post where I said I still have a small block of shares.

I love it when the circus is in town.