TSX:ATZ - Post Discussion
Post by
retiredcf on Jan 13, 2025 12:30pm
Weekly Stars & Dogs
Aritzia Inc. (STAR)
Past five days
According to U.S. president-elect Donald Trump, “We don’t need (Canada’s) cars. We don’t need their lumber … We don’t need anything they have.” Tell that to all the Americans buying clothes from Vancouver-based Aritzia Inc. Shares of the fashion retailer surged to a record high after total net revenue jumped 12 per cent in the quarter ended Dec. 1 and leaped 24 per cent in the U.S., helped by new flagship stores in Manhattan’s SoHo neighbourhood and Chicago’s Michigan Ave. “We are particularly pleased with the outstanding performance of our business in the United States” which still has a “long runway for growth,” said Aritzia CEO Jennifer Wong. But nope. Nobody wants anything from Canada.
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