TSX:ATZSpecialty Retail
Aritzia (TSX:ATZ) Is Up 8.8% After Announcing Aggressive U.S. Expansion and Strong Earnings – Has The Bull Case Changed?
Aritzia announced plans to accelerate its U.S. retail expansion, aiming to open at least 10 new stores annually through fiscal 2027 while increasing total retail square footage by up to 60%.
Alongside this expansion, the company reported robust e-commerce growth with $240 million in sales last quarter and a very large year-over-year increase in adjusted net income, reflecting the impact of improved margins and operational efficiency.
We'll look at how Aritzia's commitment to physical retail...