Analyst calls concerns around Aritzia’s lowered guidance ‘near-term noise’

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Analyst calls concerns around Aritzia’s lowered guidance ‘near-term noise’
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An analyst says he remains bullish on Aritzia Inc. despite the Canadian retailer’s announcement Thursday that it’s lowering guidance for the upcoming quarter.

Martin Landry, managing director of Stifel Canada, talks about the bullish case for the company Aritzia after its Q2 beat.

Landry said he believes Aritzia will weather any near-term share-price volatility and continue to grow its retail fashion business in the U.S., where there are countless opportunities to expand.

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