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Aritzia Inc. Subordinate Voting Shares (ATZ $139.50)
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Groupe Dynamite Inc. Subordinate voting shares (GRGD $87.06)
Q: They are both down with ATZ reporting on Thursday.
Could it be that similar to DOO, the market is worried that
they hay have tariff trouble and that may impact them in the future?
Thanks
Could it be that similar to DOO, the market is worried that
they hay have tariff trouble and that may impact them in the future?
Thanks
5i Research Answer:
ATZ hit a new high this morning and is up 146% in a year. GRGD is up 552% in a year. Both companies seem to have managed tariffs well and we would not expect a DOO issue here. That being said, because of the giant gains investors have very high expectations for continued strong growth. We have no reason to be concerned about upcoming earnings, but it may take 'perfect' guidance to keep the party going.