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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

TSXV:RET - Post Discussion

Reitmans Ord Shs > Q4 revenue/earnings estimate
View:
Post by Torontojay on Apr 04, 2023 12:14pm

Q4 revenue/earnings estimate

I think the company can achieve revenue around  $220m-$230m in fourth quarter as compared to $190m last year. A good chunk of that increase will come from pent up demand for their merchandise and costs being passed on to consumers. Last year, they achieved fourth quarter gross margins of 50.57% and I think they can bring that up to around 53/54%. 

Operating expenses was $102.3m in Q3 and has been trending higher. I have pegged fourth quarter operating expenses at around $105m. 

R : $220m- $230m 

gp: $116.6m- $124.2m 

oe: $105m 

oi: $11.6m - $19.2m

gp= gross profit 
oe= operating expense 
oi= operating income 

Im going to say operating income  will lie somewhere between $10m and $20m.

Comment by TheCount11 on Apr 04, 2023 1:11pm
Thanks for estimates!  Cheers
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