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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 savyinvestor333on Jan 05, 2025 6:53am
47 Views
Post# 36388147

RE:RE:RE:RE:Wow what a Buyback in Dec

RE:RE:RE:RE:Wow what a Buyback in DecYes something seriously wrong with management and the BOD. I'n sure they have noticed Groupe Dynamites valuation and read all the press and broker reports about them and they still are not implementing any measures to help themselves. Let me tell you If I was in charge and my competitor was valuing a similar business at 10 times my valuation I would do everyting in my power to shrink that difference. They have to be deaf, dumb and blind to not see this. I have bought a few shares in the last couple of weeks (some at $2.31 actually) but can't bring myself to buy anymore for the time being. I will sit with my current position as it It will probably be something annouced after market hours that will turn this story around at some point. For now I will wait but starting to get impatient. 
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