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 > Target CEO says the consumer remains resilient

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Comment by Torontojayon Aug 22, 2024 6:59am

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Post# 36191275

RE:RE:RE:RE:RE:Target CEO says the consumer remains resilient

TheCount11 wrote: Meh... Home Depot has really tough Covid comps. Could have told you that 2 years ago. Its tied to housing transactions.

Revenues and Operating Income compounded around 12% over L5Y.

Management has done a fantastic job for decades.

Yes and people no longer have money left for
home renovations. The covid spending spree is over.
The US recently announced they over estimated the number of jobs created by over 800k! Now it all makes sense.

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