Aritzia sees 'unprecedented' growth in the U.S. as sales surge

Aritzia sees 'unprecedented' growth in the U.S. as sales surge

Aritzia sees 'unprecedented' growth in the U.S. as sales surge - Oops!Something went wrong.Please try again later. Aritzia (ATZ.TO) stock initially surged as much as 18 per cent in early trading Thursday after the retailer's sales in the United States grew at an "unprecedented pace" and skyrocketed 174 per cent from last year. But the Vancouver-based company’s CEO Brian Hill warned that the company is grappling with inflationary pressures across its business and that the retailer is “not immune to the global supply chain disruptions.” Aritzia, which reported fiscal results after markets closed on Wednesday, said sales in the U.S. hit $118 million, an increase of $75 million from last year to now accounting for 42 per cent of the company’s total sales. The retailer's stock was up nearly 15 …
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