RE:Andrew PinkThis is sweet music to my ears! I continue to add. I liked it at $55 and I love it at $25. This fellow will be wishing he added it to his any firms tiny $400m under mgmt and will probably decide to begin chasing it after it breaks $40 in 2 weeks! Im actually surprised he can get carried on any news channel at all and suspect it is paid placement? Either that or BNN must be desperate? My two closest portfolio managers buds manage over a billion dollars each and I know one of them is a massive fan of Aritzia. He has 2 daughters who are just getting old enough to wear Aritzia. Like myself, he is also a huge fan of Reigning Champ.
We see a day very soon in which the boyfriends and husbands are shopping in a combined Aritzua/R.C. Store for athletic, leisure wear and dress clothes rather than twiddling our thumbs on a couch. This BNN guy does not have a clue of the phenomenon which is Aritzia/RC and neither do most male investors. FYI, most of these same inveztors completely missed Lulu and will continue to ignore the massive growth in store for this, no longer Canadian company, which now generates about 58% of its sales and profits from the USA. In store is Usa store growth, international growth, sku growth, menswear growth. The current quarter may be just ok but it means very little in the scheme of things.
https://wealthmanagementcanada.com/company-archive/ldic-inc/