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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

Post by ideaguyon Oct 03, 2024 12:04am
126 Views
Post# 36251061

Insider Selling... The truth

Insider Selling... The truth Insider selling is not bad (sometimes), that's often how they get their compensation.
 
The whole thing is usually fully scheduled out. Their compensation is largely in shares and they have scheduled selling dates out for months. Retail investors will often interpret this as being a bad thing, but it most often is not.
 
Executives selling shares = not necessarily bad, but not good if sold in mass amounts frequently 
Executives buying shares = usually good, but not always

I think we're good here. I'm still holding and will look to add to my position this month. Will wait for more good earnings reports tho
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