ATZ CN

Aritzia Inc - Ordinary Shares (Subordinate Voting Shares)

Consumer


Presented:07/21/2022
Price:CA$39.63
Cap:$3.48B
Current Price:CA$45.65
Cap:$4.12B

Presented

Date07/21/2022
PriceCA$39.63
Market Cap$3.48B
Ent Value$3.71B
P/E Ratio25.45x
Book ValueCA$4.71
Div Yield0%
Shares O/S109.98M
Ave Daily Vol394,452
Short IntN/A

Current

PriceCA$45.65
Market Cap$4.12B
Aritzia, Inc. engages in the design of apparel and accessories for its collection of fashion brands. Its brands include Wilfred, Babaton, Tna, Wilfred Free, Sunday Best, Le Fou Wilfred, Denim Forum, Little Moon, and The Group by Babaton. It operates through Canada, and United States geographical segments. The company was founded by Brian Hill in 1984 and is headquartered in Vancouver, Canada.

Publicly traded companies mentioned herein: Aritzia Inc (ATZ CN), Levi Strauss & Co (LEVI), Lululemon Athletica Inc (LULU), Urban Outfitters Inc (URBN) 

Highlights

The presenter is long shares of Aritzia Inc (ATZ CN), a Canadian women’s fashion brand that is building out a portfolio of upscale retail stores in the US. The company has a lean debt structure with a $3.3B market cap and $3.5B EV, meaning there is a meaningful runway for ATZ to follow through on its real estate expansion plans, building out over 100 brick and mortar stores in the US. Based on this, he thinks there is material upside to the current 19x consensus FY2024 earnings (FY2024 ends February 2024).

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Idea Discussion

Commentor 1 - 2 weeks ago

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