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.

TSXV:RET - Post by User

Reitmans Ord Shs > Informercial

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Comment by nedstar71on Dec 03, 2024 3:51pm

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Post# 36343658

RE:Informercial

Liking the DRX
HPFG looks kind of 'frothy'. Great momentum but market cap already very high considering what it actually is. QSR in Canada in an already saturated sector with SSSG declines happening everywhere. Press releasing every single opening seems pumpy. Reminds me of Spot Coffee back in the day. I'd say expanding way too fast and will be figuring out what didn't work later. Looks like good management though so who knows may work out but at a $124 million market cap looks much more fomo driven than fundamental driven.

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