Aritzia Inc T.ATZ

Alternate Symbol(s): ATZAF

Consumer Cyclical

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.

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Aritzia Inc > Q1 earnings out

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Post by xgbssxxon Jul 11, 2024 4:54pm

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Post# 36129136

Q1 earnings out

https://www.newswire.ca/news-releases/aritzia-reports-first-quarter-fiscal-2025-financial-results-884963544.html

Net Revenues up 7.8%
US Sales up 13.0%
Gross Margins up from 38.9% to 44.0%
Inventory down from $485 million to $397 million

Net income is down, but that is because last year, there was a one-time $15 million profit realization.

A great quarter considering consumers are tighetning.

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