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 Aug 01, 2024 8:48am

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Post# 36157879

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

"The number of dresses they sell is the quantity of dresses and the price of the dress fluctuates with the inflation rate."

This is another assumption. Reitmans is in the fashion business. Its not a utility. There is not one price. Mark ups and mark downs differ. There are sales, liquidations, write offs and shipping revenues (which also change as the channel changes).

Volume claims based on revenues are very dubious IMO. Inflation claims are impossible due to matching required.

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