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Reitmans Ord Shs V.RET

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

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.


TSXV:RET - Post by User

Reitmans Ord Shs > The Siege may soon be lifted
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Comment by nozzpackon May 01, 2023 9:58am
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Post# 35422613

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The Siege may soon be lifted

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The Siege may soon be liftedATZ was outright bullish about its business prospects.....

"contributed to our better-than-anticipated results, fuelled by a tremendous client response to our collection of beautiful products and our everyday luxury experience," said Jennifer Wong, chief executive officer.

"Revenue in the United States grew 58 per cent, driven by our growing brand awareness and exceptional comparable store sales results.

Total e-commerce revenue increased an impressive 36 per cent on top of 47 per cent last year, showcasing the strength of our multichannel business.

"Our strong performance has carried into the fourth quarter to date, with client demand balanced across our product assortment.

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