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.

TSXV:RET - Post by User

Reitmans Ord Shs > Remains Dirt Cheap

<< Previous

Bullboard Posts

Next >>

Comment by Northforce13on Dec 15, 2023 10:08pm

149 Views

Post# 35787919

RE:Remains Dirt Cheap

I think the big concern is RET becomes the same value trap it was for years and years and years.

It used to have a great balance sheet, but was never very profitable, which was the problem. It looks like we could end up back in that situation, run rate earnings right now might be 0.20 EPS per year.

Going to be an interesting story

<< Previous

Bullboard Posts

Next >>

Three business reasons companies need to recycle e-waste