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 > Cad : USD

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Comment by TheCount11on Jul 31, 2024 4:38pm

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Post# 36156988

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Cad : USD

lets focus on this

"Ttm Sales are down y/y in nominal terms so by definition it is also down in volume too."

Example

A jewelry store did $1,000,000 in sales last year and $900,000 this year.

One can assume this year they sold less rings based on revenues. I am saying that might not be true.
1) They might have sold the same number of rings but with smaller diamonds.
2) They might have sold the same rings as the year before but had to discount them.

Without "matching" rings any inflation and "real" price claims are dubious.

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