Bullboard - Stock Discussion Forum 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... see more

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Aritzia Inc > Q1 earnings out

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Post by xgbssxx on Jul 11, 2024 4:54pm

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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Comment by nedstar71 on Jul 12, 2024 11:34am

The market seems to think it was a fantastic quarter. Tough to disagree. This stock always has serious volatility at earnings time, hopefully this holds.

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Comment by xgbssxx on Jul 12, 2024 12:09pm

There is/was short interest for a while as well as speculative buying, which has led to volatility. I mean you had people like Duster claiming to visit empty stores with his wife (lol). Being that it is consumer sales that they rely on, the fact that in this economy, they were not only able to increase sales, but also increase margins show they have staying power.Their US expansion has just ...more

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Aritzia Inc