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 > Bonus Incentives for F2023-24

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Post by nozzpackon Apr 17, 2023 7:18am

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Post# 35397908

Bonus Incentives for F2023-24

$6.8 million in Q2, $6.8 million in Q3 and $9.6 m in Q4 was paid in F2022-23.

All three of those quarters showed signifucant top line growth which presumably calibrated the bonus payments and incentives .

Is it likely that the same top line growth will be reproduced in this Fiscal Year ?

If it does, I am happy.
If it does not but remains stable , our net earnings will be the big benefactor ..

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