{"id":194359,"date":"2023-09-29T15:39:57","date_gmt":"2023-09-29T15:39:57","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=194359"},"modified":"2023-09-29T15:39:57","modified_gmt":"2023-09-29T15:39:57","slug":"aritzia-rallies-despite-reporting-q2-loss","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/bitcoin\/aritzia-rallies-despite-reporting-q2-loss\/","title":{"rendered":"Aritzia Rallies Despite Reporting Q2 Loss"},"content":{"rendered":"
Shares of women’s fashion brand Aritzia Inc. (ATZAF) are rising more than 12% Friday morning despite turning to loss in the second quarter.<\/p>\n
The company reported a net loss of $5.99 million or $0.05 per share for the second quarter, compared with profit of $46.26 million or $0.40 per share a year ago.<\/p>\n
Excluding one-time items, earnings were $0.03 per share, lower than 0.44 last year.<\/p>\n
Revenue for the quarter, however, increased 1.6% to $534.2 million.<\/p>\n
ATZAF is at $18.52 currently. It has traded in the range of $15.70 – $41.10 in the last 1 year. <\/p>\n