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Aritzia是本國其中一間著名時裝零售商。 星報
【星島綜合報道】溫哥華又多了一個億萬富翁(billionaire)！服裝零售商Aritzia創始人希爾(Brian Hill)受惠於公司股價扶搖直上，身價已經逼近10億元大關。
許多服裝品牌本來就受到網路銷售衝擊而出現財務困境，不少公司在疫情下更紛紛倒閉歇業，但溫哥華起家的Aritzia業績卻蒸蒸日上，該公司股價自年初以來上漲了40%。
自2016年公司股票上市以來，創辦人希爾只領取1元年薪和1元年終花紅。近年來，他更放棄股票期權，以助公司蓬勃發展。不過，根據希爾持有的股票價值，他荷包滾滾，共持有24,207,349股投票權股份和770,700股從屬投票權股份，日前該公司股票觸及38.97元的52周高位時，這些股票價值為9.742億元。如果該公司的股票突破40元的門檻，希爾持股價值將超過10億元。
Aritizia在1984年由希爾創立，2016年股票公開上市。希爾家族擁有百年歷史的Hills of Kerrisdale服飾公司。
希爾擁有敏銳前衛的時尚經營眼光，將公司定位為一個「日常奢侈品牌」，門市設計有高檔品味，但服飾價格卻不特別昂貴。希爾曾說道：「我希望打造一個品牌，讓那些性格品味各異的女孩們只要走進Aritzia，必能找到一款設計到他們心坎兒的單品！」Aritizia也吸引了不少名人青睞，最著名的就是英國梅根王妃，她多次穿Aritzia的服飾亮相，立刻在社交媒體上引發關注，引發購買風潮。
Aritzia swings to Q1 profit as revenues more than double despite store closures
VANCOUVER — Aritzia Inc. says it swung to a $17.9-million profit in the first quarter as revenues more than doubled from a year ago despite a majority of its Canadian stores being closed.
The Vancouver-based clothing retailer says its profit for the three months ended May 30 compared with a $26.5-million loss in the prior year near the start of the COVID-19 pandemic.
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Adjusted profits rose to $21.7 million or 19 cents per diluted share, from a loss of $24.9 million or 23 cents per share in the first quarter of fiscal 2021.
Revenues were $246.9 million, up from $111.4 million to start the last fiscal year and $196.7 million in the first quarter of fiscal 2020.
Aritzia was expected to report 21 cents per share in adjusted profits on nearly $235 million of revenues, according to financial data firm Refinitiv.
E-commerce revenues increased 19 per cent to $104 million on top of the 125 per cent increase a year ago.
“We are emerging from the pandemic confident in our ability to consistently deliver profitable growth given the momentum in our business, led by the continued acceleration of sales in the United States and sustained growth in our e-commerce business,” stated founder, CEO and chairman Brian Hill.
U.S. net revenues more than tripled in the quarter to $114.3 million.
The company said 34 of its 102 boutiques were closed for about two-thirds of the quarter while open stores in Canada operated under capacity restrictions.
This report by The Canadian Press was first published July 13, 2021.
Companies in this story: (TSX:ATZ)
Should You Investigate Aritzia Inc. (TSE:ATZ) At CA$35.15?
Aritzia Inc. (TSE:ATZ), might not be a large cap stock, but it received a lot of attention from a substantial price increase on the TSX over the last few months. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, what if the stock is still a bargain? Today I will analyse the most recent data on Aritzia’s outlook and valuation to see if the opportunity still exists.
See our latest analysis for Aritzia
What is Aritzia worth?
According to my price multiple model, where I compare the company’s price-to-earnings ratio to the industry average, the stock currently looks expensive. I’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 60.61x is currently well-above the industry average of 15.48x, meaning that it is trading at a more expensive price relative to its peers. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Since Aritzia’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.
Can we expect growth from Aritzia?
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 90% over the next year, the near-term future seems bright for Aritzia. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
What this means for you:
Are you a shareholder? It seems like the market has well and truly priced in ATZ’s positive outlook, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question – should I sell? If you believe ATZ should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.
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Are you a potential investor? If you’ve been keeping tabs on ATZ for some time, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for ATZ, which means it’s worth diving deeper into other factors in order to take advantage of the next price drop.
In light of this, if you’d like to do more analysis on the company, it’s vital to be informed of the risks involved. For example, we’ve discovered 1 warning sign that you should run your eye over to get a better picture of Aritzia.
If you are no longer interested in Aritzia, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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