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.

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Reitmans Ord Shs > SP reaction a bit odd

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Comment by TheCount11on Jun 15, 2023 2:41pm

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Post# 35498612

RE:SP reaction a bit odd

How many other managements care so little for their shareholders that they don't uplist?

How many other managements care so little for their shareholders that they don't do any quarterly calls?

There have been plenty of management stock options and bonuses over last couple of years but no buybacks or dividends.

IMO thats the difference between a $3 and $6 stock.

Don't forget with buybacks EPS increases. Reitmans doing $820M in revs with a 9% operating margin is not hitting the ball out of the park when Zara (Inditex) is always above 15% excluding a few Covid quarters.

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