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DON'T BUY
Aritzia Inc.

Sold it in summer 2023 too early, but the chart this year is downward. It enjoyed a reopening trade as people started returning to offices. ATZ is an excellent fashion retailer, but people after Covid have stopped buying more clothes. Great managers and expansion team, but he will return to this only in an economic downturn.

specialty stores
PARTIAL BUY
Aritzia Inc.

Clothing company based in Vancouver. Founder owned, but not founder led. Fashion risk is concern for business (fickle trends). Expansion into USA a positive trait. Strong business performance the past 10 years. Retail business is also a tough space. Would rate business at around 8/10 overall. 

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TOP PICK
Aritzia Inc.

Hasn't been a good year, but therein lies the opportunity. Sales flatlined. Weak US and Canadian consumer. Fashion risk. Over inventoried. Over budget on distribution facility. Trades at 13x 2024 earnings, attractive. Expects stronger consumer in next 6-12 months. Increasing square footage by 35%. Getting its mojo back. No dividend.

(Analysts’ price target is $32.13)
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Unspecified
Aritzia Inc.

Their revenue is up 120% in the last three years but the stock price is only up 20% from 2019. It didn't have the infrastructure, including delivering and storage, to keep up with the huge increase in revenue. They had to make decisions to keep up with the surging revenue but their decisions hurt the stock. The U.S. is a big growth area and their future is there. They are getting a 12 month payback on their new stores in the U.S. He thinks it has hit bottom.

specialty stores
DON'T BUY
Aritzia Inc.

Discretionary sector is tough, with worries about economic spending and GDP growth. This sector is the first to come off. Other retailers would perform better in the coming environment of slowing growth. See his Top Picks.

specialty stores
SELL
Aritzia Inc.

Very expensive. He targets $36.43, 50% upside. But be cautious with this. It's in a down trend and we're heading to a recession. He's bearish. Consumers are struggling to pay mortgages, not buying clothes.

specialty stores
Unspecified
Aritzia Inc.

They own some in their growth portfolio. The slowing economy affects their margins but it is good for long term growth in the U.S. with many new stores opening up this year.

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COMMENT
Aritzia Inc.

An ugly chart this year. Retail in general will be under pressure. He can't tell how well ATZ will do. ATZ has done very well historically and wishes them well.

specialty stores
WATCH
Aritzia Inc.

Smaller cap, so not a big position for her. Grew rapidly during Covid, then hit by series of headwinds. Longer term, still a growth story in the US. Additional costs for new stores, which are mostly coming online later this year. Foot traffic is weakening. Reports next week, she's not expecting upside surprises.

specialty stores
PAST TOP PICK
Aritzia Inc.

(A Top Pick Dec 07/22, Down 54%)

Disappointing for short term investors.
Two quarters of missed earnings.
Too much inventory on hand.
Second distribution center very expensive.
Assuming no recession, expecting further growth.
Optimistic and looking at a improved share price in 2024.
Would recommend buying shares at this price.

specialty stores
WATCH
Aritzia Inc.

Coming off one heck of a run. Recent misses. It will come down to executing and coming through a good quarter. Rising interest rates starting to affect retail. Be cautious. Good company long-term. Starting to look attractive on valuation, but he's not at Buy yet.

specialty stores
WAIT
Aritzia Inc.

Great brand. Fits a wide demographic in its niche. Wait till September to see if the bottom holds. She's underweight consumer discretionary right now. Not the right time, be patient. Trades at 23x forward PE. A bit undervalued.

specialty stores
BUY
Aritzia Inc.

Owns shares in company.
Disappointing past 6 months due to inventory build ups.
Current share price a good time to buy.
Weakening consumer demand not a concern for the long term shareholder.
Excellent brand value, and strong management team.
Substantial insider buying. 

specialty stores
PAST TOP PICK
Aritzia Inc.
(A Top Pick Jun 28/22, Down 23%)

Inventory caught up with them. Still likes it, believes still on track to follow LULU and ZARA. Years and years of growth ahead. Momentum is broken, and that will take some time to turn around. You can nibble here.

specialty stores
DON'T BUY
Aritzia Inc.

Recent share price weakness due to less discretionary spending.
Lower priced retail outlets performing better (Costco, Walmart, Dollarama).
Would not buy at this time.
Waiting for economy to recover.

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Aritzia Inc.(ATZ-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 15

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 20

Stockchase rating for Aritzia Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Aritzia Inc.(ATZ-T) Frequently Asked Questions

What is Aritzia Inc. stock symbol?

Aritzia Inc. is a Canadian stock, trading under the symbol ATZ-T on the Toronto Stock Exchange (ATZ-CT). It is usually referred to as TSX:ATZ or ATZ-T

Is Aritzia Inc. a buy or a sell?

In the last year, 20 stock analysts published opinions about ATZ-T. 15 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Aritzia Inc..

Is Aritzia Inc. a good investment or a top pick?

Aritzia Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Aritzia Inc..

Why is Aritzia Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Aritzia Inc. worth watching?

20 stock analysts on Stockchase covered Aritzia Inc. In the last year. It is a trending stock that is worth watching.

What is Aritzia Inc. stock price?

On 2023-12-08, Aritzia Inc. (ATZ-T) stock closed at a price of $24.56.