Improved financial performance at Vancouver-based retailer Aritzia sent the company’s stock soaring on Thursday morning by more than 20 per cent, though some experts warn the company isn’t out of the woods after a challenging year saw the company’s red-hot hype start to simmer down.
The clothing chain announced its latest quarterly earnings on Wednesday after the markets had closed. The financial results were an improvement compared to the last two quarters, but the company still isn’t performing as well as it did at the beginning of last year.
Aritzia announced its net income had tumbled 39 per cent compared to the same
