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 > Makes no sense

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Comment by nedstar71on Sep 19, 2024 10:35pm

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Post# 36232381

RE:Makes no sense

filoux004 wrote: Jmho this mkt cap is totally disconnected from the fins. Makes no sense 120M cash, 59% Gmargins, etc etc. Long strong and adding . Glta DD at 5x trailing eps this sp should be 6$ plus. The stock is trading at cash value!!!

It's really ashame they have left the stock to languish on the venture as long as they have. Uplist, an NCIB where they actually purchase shares etc. The market has abandoned it and with so many stocks out there setting tbe world on fire it's difficult to justify parking much of anything in this underperforming and illiquid disappointment. The company is fine, the stock is a disaster.

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