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 > Stockhouse Indicator is Neutral

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Comment by Torontojayon Aug 14, 2024 11:55am

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Post# 36178652

RE:RE:Stockhouse Indicator is Neutral

TheCount11 wrote: Because RET.A trades for less than current assets its like an At The Money Put.

The risk return profile is skewed upwards.

Yup, that's how you make money in the stock market. Invest when nobody wants to own it. I think long term investors will do well investing at this price level. Over the next 6-12 months is not so certain and it's probably a crapshoot.

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