Reitmans Ord Shs V.RET

Q1 expectations

[TheCount11]

Given Q1 almost over what are your expectations? 
Revenues?
Gross Margin?
Operating?

 

[Zemoy190]

Heloo,,, am here to predict the Q1,,, revenue of around $140-150 mill  Marvin of about 53%  Net earnings of about 10-12mill so about 20 cents per share ,,, we will find out in about 2 months! no sure what would even push this stock higher lol just doesn't seem to be that much interest in it,,, volume has been abysmal  GLTA

[Gann999]

mmmm 53 percent marvin

[Zemoy190]

Margin ,,,  Q1 is usually the slowest. Still some peeps shopping for back to the office. since I am part owner,, I went to check on reitmans near my house,,,little worried about foot traffic and the 50% off sale sign... but if it works,,, I am not complaining 

[savyinvestor333]

Obviously the Anon seller thinks we will have $ 0 sales and a loss of $2.00 a share. Why would anyone sell here at 1/3 of book value on a going concern trading at just over 1 times trailing earnings. Remember there was no warning from management about the firsat quarter which is almost over regarding freight, customer demand supply issues blah blah blah. Once Anon moves on things will be different

[Mephistopheles3]

Yeah, you can see the trading volume today is thin and is all limits at $1.40.  Anon. is just looking to cash out.   Also in the last couple of days, the small-cap company I pointed out before hasn't made any large block purchases.. and so they were purchasing 20-25% of Anon's stock.  No worries - I'm just hoping it stays low for a little while longer to allow me

[TheCount11]

Cool Thanks!  Hopefully company hits those numbers.  Reitmans family has a controlling interest in the company so activist shareholders won't take a position.  I think a buyback is definitely required at least to mop up the stock options.  There are likely a few investors sitting on the sidelines waiting.   Continous buybacks, uplisting to TSX and then dividend