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 > Better than expected US retail sales report

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Post by flamingogold on Jul 16, 2024 9:45am

Better than expected US retail sales report

Consumers remain resilient in spite of rates at decades high.
"Retail sales data also came in better than anticipated, which could ease concerns that the consumer was buckling."

https://www.cnbc.com/2024/07/15/stock-market-today-live-updates.html

On the heels of that, Powell yesterday stated the FED will not wait for their 2% target before they start cutting. More good news for the consumer.

https://www.cnbc.com/2024/07/15/powell-indicates-fed-wont-wait-until-inflation-is-down-to-2percent-before-cutting-rates.html