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 > What recession?

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Comment by TheCount11on Jan 11, 2024 1:43pm

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Post# 35821896

RE:RE:RE:What recession?

A lot of Apparel Investors (I am pointing the finger at myself) were caught offside on Aritzia. Now stock is firmly over $30. I should have backed the truck up last quarter as I like management.

I thought Canadian SSS would be down for Q4 (guiding to small increase) with Q3 inventory up. Aritzia skews younger. That generation has the most debt. Never thought I would say this but I am even more skeptical of StatsCan.

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