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

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Post by TheCount11on Mar 25, 2024 12:36pm

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Post# 35951003

Apparel golden age coming

In aggregate there are less suppliers than customers.

Different apparel firms have different costs. Store, Shipping, Interest on Debt, etc.

The gap between cost and revenue mean the least efficient will lose money and may go bankrupt. If the entire industry has a similar cost like shipping increase they will raise prices on unprofitable customers lowering demand.

Accounting looks at the past while Finance focuses on the future.

Example:
TJX Canada does not do e-commerce so industry raising e-commerce prices which lowers e-commerce demand has no effect on them. TJX Canada Q4 was $1,468B USD and increase of 13% over the prior year!

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