Aritzia's Strong Profits and Earnings Growth Make It a Retail Stock to Watch
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Aritzia's return on equity (ROE) of 16% indicates it is efficiently generating profits from shareholders' capital. Its ROE is on par with the industry average of 14%.
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The company's impressive 23% net income growth over the past 5 years is likely driven by its high ROE and earnings retention.
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Aritzia's earnings growth of 23% exceeds the industry average of 18%, which is promising for future growth prospects.
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The high P/E ratio suggests the market is bullish on Aritzia's future earnings potential.
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Analyst forecasts predict Aritzia's earnings will accelerate further, making it a stock to watch.