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 > Accounting Summary

<< Previous

Bullboard Posts

Next >>

Comment by savyinvestor333on Jun 14, 2023 9:47pm

209 Views

Post# 35497264

RE:RE:Accounting Summary

I think you need to check your math on the incentive plan awards. $33.6 million cash decrease with $27.4 of that related to timing of trade receivables leaves $6.2 million for all other items including over $4 million in prepaid expenses for IT services.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?