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 > Insider share sale bombardment continues

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Post by Northforce13on Jul 09, 2023 2:50pm

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Post# 35532800

Insider share sale bombardment continues

Well. Richard Wait selling, Jacqueline Tardiff selling. Will Michael Strachan join the bandwagon? He just exercised 60 000 options at 1.50.

This is probably just them trimming / cashing out of some of their options, but nonetheless it does inspire a small feeling of discomfort.

Would be nice if the company had a buyback program to suck up some of this dilution that's happening.

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