Aritzia (ATZ) Set to Announce Quarterly Earnings on Thursday

Aritzia (TSE:ATZ) is scheduled to release its earnings data after the market closes on Thursday, October 4th. Analysts expect Aritzia to post earnings of C$0.09 per share for the quarter.

Aritzia (TSE:ATZ) last announced its quarterly earnings data on Wednesday, July 11th. The company reported C$0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.09 by C$0.01. The business had revenue of C$167.01 million during the quarter, compared to analyst estimates of C$166.36 million. Aritzia had a return on equity of 46.23% and a net margin of 13.73%.

Shares of Aritzia stock opened at C$17.07 on Thursday. Aritzia has a fifty-two week low of C$10.10 and a fifty-two week high of C$18.03.

In related news, Director Brian James Beaumont Hill bought 150,000 shares of Aritzia stock in a transaction dated Friday, August 10th. The stock was acquired at an average cost of C$16.00 per share, with a total value of C$2,400,000.00.

Several brokerages have recently weighed in on ATZ. Royal Bank of Canada upped their price objective on Aritzia from C$20.00 to C$21.00 and gave the company an “outperform” rating in a report on Thursday, July 12th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$19.00 target price on shares of Aritzia in a report on Tuesday, June 12th. CIBC upped their target price on Aritzia from C$20.00 to C$22.00 in a report on Thursday, July 12th. Finally, TD Securities upped their target price on Aritzia from C$17.50 to C$19.00 and gave the company a “buy” rating in a report on Monday, July 9th.

About Aritzia

Aritzia Inc, together with its subsidiaries, operates as a design house and fashion retailer of women's apparel and accessories. The company designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, leggings, sweatshirts, bodysuits, puffers, jumpsuits, and intimates; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, iPhone cases, and gloves.

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Earnings History for Aritzia (TSE:ATZ)

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