Reitmans Ord Shs V.RET

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

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

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Post by Betteryear2on Sep 19, 2024 5:36pm

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Post# 36231982

Reitmans Reports Strong Second Quarter Results

Quarter highlighted by 3.5% comparable sales growth and 21.9% adjusted EBITDA growth.

MONTREAL, Sept. 19, 2024 /CNW/ - Reitmans (Canada) Limited ("RCL" or the "Company") (TSXV: RET) (TSXV: RET-A), one of Canada's leading specialty apparel retailers, today reported its financial results for its fiscal 2025 second quarter. Unless otherwise indicated, all comparisons of results for the 13 weeks ended August 3, 2024 ("second quarter of 2025") are against results for the 13 weeks ended July 29, 2023 ("second quarter of 2024") and all comparisons of results for the 26 weeks ended August 3, 2024 ("year to date fiscal 2025") are against results for the 26 weeks ended July 29, 2023 ("year to date fiscal 2024"). All dollar amounts are in Canadian currency.

Reitmans (Canada) Limited Reports Strong Second Quarter Results (newswire.ca)