TSX:ATZ - Post Discussion
Post by
retiredcf on Jan 18, 2023 4:01pm
Top Pick Details
Second stock in the clip; she and her family also own it personally. Given her purchase price, it looks like she may have added more on the big decline day. GLTA
https://www.bnnbloomberg.ca/video/christine-poole-s-top-picks~2611811
Aritzia (ATZ TSX)
Recent purchase price $47 range in January 2023
Aritzia operates in the women’s apparel industry, offering an assortment of exclusive in-house brands at attainable price points that appeal to a wide demographic, coined as “everyday luxury.” Aritzia has strong unit growth potential in the U.S. as well as a growing e-commerce platform. Other sources of future growth include expansion into new categories and broadening existing product lines.
TOP PICK
Aritzia Inc.(ATZ-T)
17/01/2023 at 07:00pm
Revenues grew over 38%. New customers are driving topline. Brought in a lot of merchandise to counteract supply issues, so now inventory is high, incurring extra warehousing costs. Management says they're not going to discount inventory. About half of sales from US. Strong e-commerce growth, over 33% of revenues. No dividend. (Analysts’ price target is $61.53)
Specialty Stores
Christine Poole
$46.580
Owned
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