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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (135942)	12/8/2022 6:32:25 AM
From: Goose94	Read Replies (1) of 203260

Aritzia (ATZ-T) top pick from Michael Hakes on BNN.ca Market Call Wednesday December 7th @ 1200ET Artizia is one of our favourite stocks. They just held a capital markets day where they outlined their three to five year plan. They have a long runway of growth in front of them. Currently, they have 68 stores in Canada, but only 44 in the U.S. They plan to open eight to 10 stores annually in the U.S. This will be complemented by store expansions at three to five annually. This means low double-digit annual square footage growth. Ecommerce is also expected to stay strong. We see sales approaching $3.8 billion by 2027 from the $2 billion expected in Feb 2023. We think the stock to trade up into the $65.00 range over the next 12-18 months as they continue to roll out their strategy.

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