Canadian retailer Aritzia Inc. has reported sales exceeding expectations for its second quarter, driven by strong demand for its fall collection. However, the company forecasts a slower end to the year, raising concerns about its planned expansion.
Jessica Ramírez, senior research analyst at Jane Hali & Associates, joins BNN Bloomberg to discuss Aritzia 's earnings, strategies and results.
The Canadian retailer sees fiscal third-quarter sales of $675 million to $700 million, according to a statement Thursday, below the average analyst expectation of C$738 million. It also trimmed the top end of its full-year revenue guidance.
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