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 > As usual

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Comment by pennylane101on Sep 12, 2023 4:14pm

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Post# 35632379

RE:RE:RE:As usual

What big run?! It's been trading at the same levels all summer long. Sure, there is some guy at Canaccord with very deep pockets and obviously YOU took the opportunity to cash out. But this has been going on for months. Nothing out of the ordinary.

I hope for good news on Thursday. Reitmans has no debt, which is good in today's high interest environment. They are not at the mercy of banks.and their restrictive debt covenants.

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