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Reitmans Ord Shs V.RET

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

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

Comment by nedstar71on Sep 23, 2024 9:45pm
113 Views
Post# 36237593

RE:This is very frustrating

RE:This is very frustrating Majority holder of the voting shares controls everything and the company can't get back on the TSX with the dual structure.  The family clearly prefers the dual share structure so that is unlikely to change.  Vomit exchange forever apparently.  Well, until they try to take it private on the cheap that is.  I personally am unsure if they'd even be willing to shell out a token dividend at this point as they'd have to lay it to the lowly 'A' shareholders too no?  Great company, unfortunate stock.  Can't hurt to hold if you have time to wait it out, the downside is very limited.
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