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 > Root numbers. FYI

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Post by filoux004 on Apr 05, 2023 10:01am

Root numbers. FYI

Root numbers out...nothing great in fact down...point being it's trading at twice the multiples of Reitmans...go figure. DD and glta

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Comment by Torontojay on Apr 05, 2023 10:35am

There are a few differences I will highlight: 1) Reitmans has much stronger momentum leading into Q4. Roots Q3 revenue lagged behind last years Q3. 2) Roots had negative y/y earnings in each of the first 3 quarters of the fiscal year. On the other hand, Reitmans has significant earnings growth through the first 3 quarters.

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Comment by filoux004 on Apr 05, 2023 11:04am

That's my point!!!!! Long ret.a and buying more!! DD and glta

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Comment by TheCount11 on Apr 05, 2023 3:54pm

This might seem like an unconventional opinion but I think Megans ability to take it on the chin revenue wise (down 11% DTC) without being overly promotional is a sign of a great leader. "We expect our markdowns to remain below pre-pandemic levels." She is going a great job with the hand she was delt. Roots balance sheet is considerably worse than Reitmans with $194M of ...more

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Reitmans Ord Shs