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Bullboard - Stock Discussion Forum Aritzia Inc ATZAF


Primary Symbol: T.ATZ

Aritzia Inc. is a Canada-based vertically integrated design house. The Company is a creator and purveyor of Everyday Luxury, which is home to a portfolio of brands for every function and individual aesthetic. The Company provides personal shopping experiences at aritzia.com and in its 110+ boutiques throughout Canada and the United States. The Company’s products include jackets and coats... see more

TSX:ATZ - Post Discussion

Aritzia Inc > Busted growth story
View:
Post by TheCount11 on Sep 29, 2023 9:07am

Busted growth story

Growth stocks take a beating when margins waterfall with same store sales decreasing.  Stock price likely breaks $19 in next few weeks.
Comment by TheCount11 on Sep 29, 2023 9:17am
"Shifting to our outlook, based on quarterly trends, net revenue in the third quarter is expected to be flat to slightly down from the prior year...full year, for fiscal 2024, we continue to expect net revenue in the range of $2.25 billion to $2.35 billion, representing growth of 2% to 7% from fiscal 2023 including the 53rd week." Where is the profitable growth to justify stock price ...more  
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