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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 Lllennnon Dec 21, 2024 2:30pm
31 Views
Post# 36373724

RE:RE:RE:CFO Retirement

RE:RE:RE:CFO RetirementI think the whole place is a slush fund for land lords and probably a lot have fingers in pie imo. The decrease of $5.7 million was largely due to higher occupancy costs total 10.6 increase imo, bingo. This is same as paying div in another way RE: its liguid imo. Adjusted EBITDA has decreased 60.0 per cent? handling system, trac system same system imo this just verbage (and e-C dropped 8%) to burn money on something imo. This was the last Q report, "Despite operating 16 fewer stores compared to the same period last year. 11 plus 16 27 -3 so yes foot print is melting away, I think they had 14 stores in Calgary thats great for land owners but one in each quadrant and 1 downtown would do imo Calgary easrier to get aroud then say Montreal. Maybe that another reason Ret not in Mount Royal as land owner a different group IMO not fact. One of the best deals I got in on was Wow Unlimited it was rain maker prior, was sold to now called TOON where they gave partial shares plus cash, when that happens you have to bail cause the shares almost 98% of the time goes to zero so any deal here its going to be bail out big time but I dont see any deal over $3 at this time which is terrible imo During year to date fiscal 2025, $20.1 million was invested, on a cash basis, primarily on store renovations, point-of-sale hardware upgrades and distribution centre wow. I think the inventory build up is just price adjustmennt (Inflation) from beginning to end as replacement cost will be much higher with $ value IMO not Fact
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