Bullboard - Stock Discussion Forum 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... see more

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TSXV:RET - Post Discussion

Reitmans Ord Shs > Earnings predictions?

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Post by Zemoy190 on Dec 13, 2022 2:00pm

Earnings predictions?

Roots is down 18% since reporting earnings ,,, do you guys think rate men's will have similar results??? LULU also down since reporting last week ,,,

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Comment by tomperns on Dec 13, 2022 3:03pm

Can't really compare. Those 2 were already priced at much higher PE. Reitmans is currently trading at PE under 2.

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Comment by nedstar71 on Dec 13, 2022 3:04pm

I don't think.so. Reitman's isn't selling the same type of overpriced clothing that people cut back on when they cut their discretionary spending. It's inexpenive clothing that women need now that the work from home in sweats fiasco has mostly come to an end. That being said they may dutifully temper expectations in future quarters which may keep a lid on things.& ...more

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Comment by tomperns on Dec 13, 2022 4:10pm

Fully agree with everything you said except I would say 100 percent increase with uplisting and NCIB.

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Comment by nedstar71 on Dec 13, 2022 4:32pm

No arguement here, but I was meaning within a week or two. No question more than a double is warranted in the medium term if earnings are ok and they play ball. Are earnings expected tomorrow?

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