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TSE:ATZ

Aritzia Inc. (ATZ.TO)

163.11
-1.37 (0.83%)
as of Jun 19, 2026, 8:00:01 pm Market Open.
183 watching
0
COMMENT

ATZ vs. Canada Goose He gives the edge to Canada Goose, though it's taking a hit from the coronavirus. He'd pick away at Canada Goose on a valuation basis. He's less familiar with ATZ. If Goose has more foreign/American exposure, he'd go with Goose (unless ATZ has more exposure).

BUY
Chart is holding up well with a $20 breakout, though it's a little high-flyer now. It held up well in today's major sell-off.
PAST TOP PICK
(A Top Pick Jan 07/19, Up 20%) One of the hottest retail stocks out there and will be on a roll for many years.
PARTIAL BUY
A good company because they have several brands and can stay on top of styles. They are opening more and more shops across North America. Great same-store sales. This is his best choice retail, though he isn't rushing to buy retail.
TOP PICK
Highly successful retailer. Have a variety of brands so not brand sensitive. Doing a big chunk of their sales online. Thinks it's going to be the next Lululemon. (Analysts’ price target is $23.13)
BUY
Retail is a difficult environment, but ATZ has performed the best in terms of operations. Unfortunately, the stock has not done extremely well, partly because a private quality fund involved in the IPO has kept selling; that's capped the stock. And yes, ATZ has hit all its projected numbers. If this were on an American index, the stock would be much higher. Great sales growth with a lot of earnings growth ahead, especially in America. Not a cheap valuation, but has high potential. It's a big holding of his.
TOP PICK

Has 26 stores in the U.S. but he believes they can have over 300. It's been a pricey stock, but earnings should propel it up. It will be another Lululemon or Canada Goose. If you buy this in the expansion phase, you can really well. (Analysts’ price target is $22.29)

BUY
He really likes this company. They are under-stored, unlike a lot of other retailers. Consumers love the brand. They have a good penetration. They have 1/4th the number of Instagram followers that Lulu Lemon have but are 1/10th the size. They are an influencer. He thinks their new strategic 5 year update in 2020 will be the catalyst for the next leg of growth.
PAST TOP PICK
(A Top Pick Jul 06/18, Up 9%) They missed a few quarters before, but scores in the top 5% for valuation. Great ROE with 23x earnings. It's still a growth story. Fine balance sheet. Almost 90% of their sales come from their in-house brands. They're good at hitting the niche between fast fashion and affordable luxury.
BUY
Nice store and his daughters shop there. They found a nice niche in a tough retail space. You're safe owning this. They're doing something right in keeping customers long-term.
WAIT
Came off, but has come back up. His question is when to buy? It's actually succeeding in the US. Well positioned between affordable luxury and fast fashion. Traffic is impressive. They've never had to close a store in 35 years due to failure. 20 consecutive years of increasing revenues. He's waiting for a stumble as an opportunity to buy.
HOLD
Recent earnings resulted in a bit of a sell off. Really cheap valuation and are always growing into their earnings multiples.
WATCH
It is an interesting company that is really well run. It did a bit of a 'U' as it went public with people unloading shares. It is at an interesting technical level. If we see it break higher with higher volume, that is significant. They have a high return on equity and are opening new stores. Their sales per square foot metrics are off the charts. He is keeping a close eye on it.
DON'T BUY
Inventory is critical in this sector. He is staying away from retail in general -- especially this late in the cycle. This can be a very volatile space, which brings aggressive short term investors and does not lend well to a long term investor.
BUY
He thinks it has tremendous upside. Most Americans know about the brand but just cannot get to a store. They have traction amongst US consumers. They have very good online sales.
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