Reitmans Ord Shs V.RET

Am back and so is reitmens

[Zemoy190]

From the Q2 earnings report it look like tenderloin is back on the menu ,,, one thin that stood out to me was the 25% in sales from e commerce! Overall Q2  looks great

[tomperns]

Amazing results! 60 percent gross margin, 25 percent e-commerce and most of all, 76 cents/ share earnings in this quarter alone!

[savyinvestor333]

Amazing quarter I agree on the $3.00 to $5.00 share price in short order.

[tweezer1957]

we need buyers

[tomperns]

Well they paid off the $30M revolver and horded $38M in cash, so if they decide to use 10 percent of that $38M to do buy-backs, this could rocket to way more than $5/share. Let's see if the BOD finally wakes up and pulls the trigger on the buy-backs.

[Zemoy190]

Am happy with how the current books look,,, only thing is BOD and dumb reitmens family. As experienced investor,,, reitmens is in a tough spot. What to spend cash on?? Dumb stephen reimen will probably take his bonus and fill the pockets of the troll executives. As a mature company with low volume,,, gotta attract new money through dividends or share buy back now. GL males and females i and

[TheCount11]

Fingers crossed on the buyback!  Hopefully management does it while stock is cheap.  RET.A shares were under a buck in July.  Stock price likely goes up tomorrow. Don't forget Marketplace will likely attract growth investors. 

[TheCount11]

Wow what an amazing quarter!  $229.2 million in Sales AND 60% gross margins!  Massive Upside surprise!