TSX:ATZ - Post Discussion
Post by
retiredcf on Mar 21, 2023 3:36pm
Analyst Recommendation
PARTIAL BUY
Aritzia Inc.(ATZ-T)
21/03/2023
Recently declined along with the wider retail sell-off. Trades at 24x forward PE to reflect their growth prospects. They can double their units in the US and their products have always been well-received by a wide age growth, from teens to mature women. They bought a company to expand into menswear, which they can expand itself. Are broadening categories into intimates and swimwear as well as different sizing. Will be volatile along with consumer spending and weakening economy, but their customer base is resilient. Also positive is that many US customers are new to Aritzia, a new market.
Specialty Stores
Christine Poole
$40.190
Owned
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