Aritzia actually used to carry Nike back in the day. I assume they phased this out as TNA competes directly. They don't have any footwear offerings yet, so carrying exclusive stuff like the New Balance 550's is a win. Majority of product will always be in-house brands.
April 4, 2023, 4:49 p.m.
$ATZ $ATZ.TO Hearing from a friend Aritzia will be carrying some New Era caps in store (Blue Jays, Yankees, Dodgers etc.) Aritzia has the target market a lot of brands are in search of. Select strategic partnerships will bode well for them. New Balance, Adidas, etc.
April 4, 2023, 4:41 p.m.
@FbBagholder Videos from the hearing are all over TikTok, the entire community seems to be rallying behind him. One thing is for sure, the users love this app and will fight tooth and nail to keep it around.
March 24, 2023, 11:23 p.m.
$ATZ.TO Aritzia under $40. Like I thought, more opportunities are presenting themselves. Scooping some shares at a sub 4 billion market cap would be lovely.
March 10, 2023, 6:22 p.m.
@StreamRG @Jake___Barfield Is there any hard data on the 25% audience retention figure you put forth or are these just assumptions?
March 10, 2023, 6:11 p.m.
$SPOT Wants to consolidate things like music discovery, concerts, merch, socials. Spotify is integrating all of this for artists rather than having to drive fans from one platform to another. This is a fundamental shift in their business. Network effects could make this huge.
March 8, 2023, 7:09 p.m.
@FbBagholder Saw that in Reddit too, not a fan of it either. Hopefully those designs are seasonal, although some stuff is selling through even with the giant logo.
Feb. 21, 2023, 6:45 p.m.
2/ Note I am using popular items as management has commented that the inventory is highly skewed in client favourites. I believe the winter sale was ran longer than normal. Not due to demand but because of the warehouse stocking issues they talked about on the call.
Feb. 6, 2023, 5:43 p.m.
Jan. 30, 2023, 10:42 p.m.
One more comment for those looking to average down, and scale into a position, we could easily see much lower prices. Q4 earnings will not be out until May. A shaky market, recession fears, etc. could drive this lower. Use caution! Long term thesis still very much intact.
Jan. 12, 2023, 3:04 p.m.
$ATZ.TO Market is punishing Aritzia for high inventory levels. I pointed to this being a positive catalyst months ago. Can only treat it as an opportunity over the longterm as they prove they can sell through it in the next Q's.
Jan. 12, 2023, 2:45 p.m.
$ATZ.TO Some comments on Aritzia's inventory - Inventory is heavily concentrated in client favourites, will moderate in Q4, in line with sales by Q2 2024 - Inventory includes on hand, in transit and in factory - Inventory has arrived "exceedingly early"
Jan. 11, 2023, 10:03 p.m.
@FbBagholder Ahh didn't get to the outlook yet. Definitely a concern hope to hear more on the call.
Jan. 11, 2023, 9:20 p.m.
@FbBagholder Gotcha we'll have to see where we end up at the end of fiscal year they were above my estimate of 42.5% for gross profit. They guided for 100-150 BPS decrease for this fiscal year, hoping to see it normalize with Q4 where Todd said expedited freight should ramp off heavily.
Jan. 11, 2023, 9:15 p.m.
$ATZ.TO My estimates which I spent hours on were very close. Real numbers below. Revenue - 625 Million Gross Profit - 270 Million SG&A - 163 Million Income From Operations - 95.3 Million Income Tax Expense - 27.5 Million Adjusted Net Income - 70.7 Million Adjusted EPS - 0.67
Jan. 11, 2023, 9:13 p.m.
$ATZ.TO Basically, I am not at all concerned about the revenue figure as I am expecting a lot of retail store growth. Primarily due to the opening of Winnipeg, Stanford, Markham, Yorkdale, Portland, + holiday shopping. The numbers below the top line will be far more important.
Jan. 5, 2023, 7:12 p.m.
$ATZ.TO I am quite confident in a big beat on the revenue guidance Aritzia provided for Q3 which was 595 on the high side. Any positive surprise on gross profit / SG&A can lead to a beat on EPS but we know inflationary pressures and supply chain disruptions are still apparent.
Jan. 5, 2023, 6:59 p.m.
