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Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMNF | RTMAF | V.RET.A

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

Comment by Torontojayon Aug 02, 2024 8:36am
100 Views
Post# 36160256

RE:Reitman's Value

RE:Reitman's Value

Thank you for the wonderful post Phil. 


I agree with your assessment overall. The way I see it is there is good long term value for shareholders if you have some patience. 

The post covid shopping frenzy is over which artificially boosted sales and profits but I see things are starting to normalize again. When the street figures out how compelling the valuation is and that the business can maintain growth then I think we will see a multiple expansion and consequently a higher valuation. 

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