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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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.


TSXV:RET - Post by User

Reitmans Ord Shs > Cad : USD
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Comment by Torontojayon Aug 01, 2024 8:58am
61 Views
Post# 36157902

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

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

TheCount11 wrote: "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.


I think you are missing the point entirely. I'm very much aware that the product mix can change. 

The point is this: 

A company can increase sales from year to year but the increase may be due entirely to inflation. Forget about the word "volume" or number of transactions. I.e, sales increased by 10% but the inflation rate was 20%. 

Im more interested in real sales which strips or removes the changes in price level from year to year. 


 

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