Reitmans Ord Shs V.RET

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

Consumer Cyclical Apparel Stores

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 > A long road for investors

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Comment by filoux004on Sep 20, 2024 2:52pm

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RE:A long road for investors

Bottom line it's frustrating that the Reitmans family doesn't want to activate all the levers to unleash shareholder value. It seems the patriarch doesn't want to relive the scrutiny of the TSX with its cohorts of analysts but being listed on the TSX would allow mutual funds and pensions to buy in. All that's left is a NCIB and a possible dividend policy. Very frustrating. Long and strong. Dd glta

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