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 > From the Jefferson (tv) series ...Moving on Up (RET/RET.A)

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Comment by RedeyeGarf2on Aug 27, 2024 11:00am

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Post# 36197657

RE:RE:From the Jefferson (tv) series ...Moving on Up (RET/RET.A)

True ...it hasn't broken the range ...but with deeply discounted stock like RET.A with no debt (not a value trap) ...positive earnings ...100 million in cash, 140 million real estate ..and a book value of over 5.64 ...and management talking about moving it to the TSE ..and committment to buy back 3 million shares ...it is a matter of time. Owner of this stock just have to wait it out.

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