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 > Wholesale and Retail trade jobs

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Comment by savyinvestor333on Jan 10, 2024 12:09pm

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Post# 35819538

RE:RE:RE:RE:RE:RE:RE:RE:Wholesale and Retail trade jobs

The problem with relating this to any idividual stock price is that you don't know what is already priced in. We could have a terrible recession and any particular stock could increase or decrease with no correlation to the economy. Seems to me Reitman's has already priced in a Big recession. If it doesn't happen we are Golden if it does it is possible that we have no downside. It;s not like we are trading at a Premium.

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