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 > Been dipping in on the buy side

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Comment by savyinvestor333on Jan 30, 2024 3:19pm

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Post# 35853335

RE:RE:Been dipping in on the buy side

Torontojay wrote:
Be patient Savy. I would wait until after Q4. You might get a better look at the share price and some insight from management.

This is in what I would call part of the "Riskier" side of my Portfloio. My thoughts on that are if their is any "Better than Expected" news released after hours you will be paying 30% or maybe more than todays price. I see good protection on the downside right here.
And it doesn't hurt that another of my "Riskier" plays FAR.TO has rallied almost 50% already this year. So I can let it ride for now. GLTA

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