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 > New Issue Already Closed

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Comment by savyinvestor333on Nov 20, 2024 5:32am

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Post# 36321107

RE:RE:New Issue Already Closed

More FACTS from the Prospectus Lilenn Your opinion is not looking good.

Total Debt as of Feb Jan 2022 $182.78 million as of jan 2023 $469 million

Cash as of Jan 2022 $94.6 million as of Jan 2023 $33.7 million

Total shareholders equity as of Jan 2022 negative $75.9 million

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