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Aritzia Inc T.ATZ

Alternate Symbol(s):  ATZAF

Aritzia Inc. is a Canada-based vertically integrated design house. The Company is the creator and purveyor of Everyday Luxury, home to a portfolio of brands for every function and individual aesthetic. The Company provides personal shopping experiences at aritzia.com and in its 115+ boutiques throughout North America. The Company’s product categories include activewear, blazers and suiting, bodysuits, denim, dresses, intimates and shapewear, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants and accessories. The Company offers its products under various brands, including Babaton, Denim Forum, Golden, Little Moon, Sunday Best, Ten, The Group by Babaton, Tna, Wilfred, Wilfred Free, Contour, Seamless, Sweatfleece, The Effortless Pant, The Super Puff and others. Its distribution network consists of three distribution centers, two in Canada and one in the United States, that are positioned to service its boutiques and e-commerce business.


TSX:ATZ - Post by User

Comment by IntrinsicValue1on Oct 19, 2023 1:07pm
123 Views
Post# 35691197

RE:Atz CFO exercised options. Bought &Held 21,245 shares Monday

RE:Atz CFO exercised options. Bought &Held 21,245 shares MondayWhat this means is that instead of instantly pocketing an arbitrage profit as usual for the worker bees, which in this case was 21,245 x $9 approx = $191,000 in wallet risk free, the Atz CFO pulled together about $318,000 of his own cash if his exercise price was around $15 per share which is what his 2016 options were awarded at roughly, according to the previous link I included from Sedi.
In my view, this is bullish as the Aritzia CFO currently sees buying and holding Atz shares as the best possible use of his personal funds. When one looks at the dire outlook that so many pundits and analysts have painted for retail, I say, and I Chip Wilson says, And Todd Ingledew CFO says, and Brian Hill/Chairman who just bought 164,000 shares, and Singapore sovereign wealth fund who just bought over 9 milluon shares says is; we think you are wring and we believe!
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