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 > Burning Cash ...Surely you are joking Mr. Feynman

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Post by RedeyeGarf2on Dec 11, 2024 10:38pm

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Post# 36358114

Burning Cash ...Surely you are joking Mr. Feynman

Since coming back from the dead, RET has posted increased its bottom line by any metric:

Book Value, Cash, and Shareholder's equity.

If you look at Cash it gone up from 26M in 2022JAN to 117M in 2024JAN.

Shareholders equity has climbed from 184M in 2022JAN to 279M in 2024JAN.

If the BoD doesn't want to move up to the TSX, than pay a dividend of 50-70% of earnings.

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