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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 > Results tomorrow, share price UP more than 7%
View:
Post by naissance17 on Apr 12, 2023 1:52pm

Results tomorrow, share price UP more than 7%

https://www.bnnbloomberg.ca/stock/RET/A:CV
Comment by Northforce13 on Apr 12, 2023 7:13pm
I didn't see a ER date mentioned anywhere, though I haven't looked hard. SP has rallied going into earnings.  Might be people expecting good earnings and a SP pop.  Which could mean some gains already priced in, etc who knows, we will see what comes out and what the SP does. Top line earnings might not appear great due to high management comp related to stock options.  The ...more  
Comment by Torontojay on Apr 13, 2023 6:57am
The share based expense was valued using historical costs in Q2 and Q3 and not mark to market.  The options were valued at the date of grant and is being amortized over the life of the options. For instance, 940k options were granted on April 26,2022 and it was given a value of 60 cents per share in both second and third quarter even though share price fluctuated.  If one were to ...more  
Comment by Northforce13 on Apr 13, 2023 8:14pm
Thanks for all that, I never took the time to break it down
Comment by Northforce13 on Apr 12, 2023 11:45pm
Ah thanks, I see the "expected reporting date".  I wonder what they base that off of.
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