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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 a creator and purveyor of Everyday Luxury, which is home to a portfolio of brands for every function and individual aesthetic. The Company provides personal shopping experiences at aritzia.com and in its 110+ boutiques throughout Canada and the United States. The Company’s products include jackets and coats, sweaters, pants, t-shirts and tops, dresses, shirts and blouses, sweatsuits, bodysuits, skirts, shirt jackets, denim, activewear, leggings, shorts, jumpsuits & rompers, and accessories. The Company offers its products under various brands, including Wilfred, Wilfred Free, Babaton, The Group by Babaton, Babaton 1-01, Ten by Babaton, Tna, Super World, Sunday Best, TnAction, Denim Forum, Little Moon, Auxiliary and Talula.


TSX:ATZ - Post by User

Post by xgbssxxon May 02, 2024 10:51pm
162 Views
Post# 36020924

Earnings

EarningsSales increased, although one-time costs did weigh on results.

Looking on the numbers, it states decrease in eCommerce sales y/y, although no-one has really mentioned it. Wong seems to state there is "momentum" in sales. 

That being said, revenues increased and gross margins are increasing. Inventory is going down showing better control.

I think overall pretty good quarter considering the macroeconomic environment. Not sure how markets will react but I think it will be some muted movement or slight gains tomorrow.
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