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 > I reviewed the 2013 statements. Book value was $7 range AND

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Comment by Northforce13on Jun 17, 2023 3:53pm

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Post# 35501966

RE:I reviewed the 2013 statements. Book value was $7 range AND

The book value is higher when you adjust for the value of the real estate. The 2013 numbers do not have as much depreciation as the current numbers and also do not reflect the appreciation in value of the real estate over the course of 10 years. Adjusted current book value is 9.25 +/-.

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