01:16 PM EDT, 05/02/2025 (MT Newswires) -- Aritzia's ( ATZAF ) fourth-quarter was a strong beat and momentum has continued into the first quarter, notes BMO.

While tariffs are a ~400bps margin headwind, Aritzia ( ATZAF ) has identified mitigants to offset (~50% from already-existing margin drivers; ~50% from other initiatives), writes analyst Stephen MacLeod.

"Notwithstanding these pressures (H2-weighted), Aritzia ( ATZAF ) is well-positioned to execute on its significant U.S. growth opportunity, reflecting its strong momentum, growing brand affinity and Everyday Luxury positioning."

Target lowered to $67. Maintain Outperform rating.

Price: 57.47, Change: +7.87, Percent Change: +15.87