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 > A Statistical Outlook for Q1 of 2023

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Comment by Torontojayon Apr 17, 2023 5:50am

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Post# 35397865

RE:RE:RE:RE:RE:A Statistical Outlook for Q1 of 2023

I see what they did.

They worded the statement in a misleading manner in the paragraph I sent. Looking at this chart it now makes sense as the difference between the subsidies received is $21.5m or the difference between $22.7m and $1.2m. Certainly, the covid relief programs should have been over by now.

Either way, we are still going to see further cost pressures on the business and we still have currency headwinds relative to last year.

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They started in video game investing, now they serve high net worth traders