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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 > WTI oil dropping like a Rock
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Comment by TheCount11on May 04, 2023 10:39am
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Post# 35429913

RE:RE:RE:WTI oil dropping like a Rock

RE:RE:RE:WTI oil dropping like a RockOne thing I learnt a long time ago was that I could not forecast oil supply or demand and am quite skeptical of people who say they can.  Too complex.  Too political.  We have seen IEA butt heads with OPEC and vice versa (https://www.reuters.com/business/energy/opec-sec-gen-iea-should-be-very-careful-about-undermining-key-oil-investments-2023-04-27/).  The oil futures market is very liquid BUT also not accurate hence Brent spot futures price bounces around and may be off from Brent contract price.  Then there is the unknown of the PetroDollar.

Then there are crack spreads.  Then there are aviation companies hedging jet fuel costs.  Then there are taxes.  I could go on and on but by the time a consumer is filling their car or diesel truck pump prices can be all but impossible to predict over long periods.
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