RE:RE:RE:Motorola $ Then you obviously did not read the MD&A. Here is a small portion of it. A lot more disclosure than a statement that "we're looking for a strong second half".
Here is a small part of the updated guidance.
OUTLOOK
Consistent with our communication throughout the pandemic, the Company is providing an update for the second quarter and its Fiscal 2022 outlook.
Second quarter net revenues are anticipated to be in the range of $290 million to $300 million, implying an increase of 45% to 50% compared to last year. This reflects a continuation of unprecedented acceleration of sales in the United States in both its retail and eCommerce channels, as well as, continued momentum of the Company’s eCommerce business in Canada. The revenue target for the second quarter reflects the reopening of all of its boutiques, effective July 12, 2021.
While Aritzia continues to be affected by industry-wide supply chain disruptions, the Company has been successful to-date in minimizing the impacts through strategic inventory management and the use air freight.
Taking into consideration its strong revenue performance to-date, Aritzia has revised its net revenue outlook. The Company currently expects the following for Fiscal 2022:
Net revenue in the range of $1.15 billion to $1.20 billion, up from the Company’s guidance of $1.11 billion to $1.16 billion previously, implying an increase of 35% to 40% from Fiscal 2021. The anticipated increase is led by continued growth in the Company’s eCommerce business, the ongoing recovery in retail performance, as well as contribution from its retail expansion with:
Six to eight new boutiques in the United States, including Woodbury Commons in New York which opened in the first quarter, Topanga in Canoga which opened in the second quarter-to-date, and The Grove in Los Angeles, which is slated to open in the second quarter; and
Six boutique expansions or repositions, including four locations in Canada and two in the United States.