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home / news releases / ATZAF - Aritzia: 2024 Gains Driven By Margin Improvement

ATZAF - Aritzia: 2024 Gains Driven By Margin Improvement

Aritzia

2024-05-31 07:35:46 ET

Summary

  • Aritzia's stock has experienced a significant decline due to management missteps, but the underlying demand for its products remains strong.
  • The company's revenue growth has slowed, but it has seen solid growth in its online presence and retail sales, particularly in the United States.
  • Aritzia is expanding its retail footprint, with plans to open 11-13 new boutiques, primarily in the US, which should fuel future growth.
  • Gross margins are going to rebound significantly starting in this quarter, helping significantly improve operating margin and free cash flow.

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For further details see:

Aritzia: 2024 Gains Driven By Margin Improvement
Stock Information
Company Name: Aritzia
Stock Symbol: ATZAF
Market: OTC
Website: aritzia.com
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