This Canadian Clothing Company Has A Better One-Year Return Than Apple, Ford and AMD

When the COVID-19 pandemic pushed millions of people to work remotely two years ago, shoppers wanted one thing: comfort. This was a tailwind for athletic brands such as Nike Inc NKE and Lululemon Athletica Inc LULU, but a strong headwind for brands that produce more formal wear. 

Times have changed and demand has skyrocketed for business casual and formal clothes. One company that has benefited from this increase Aritzia Inc ATZAF. 

Aritzia is a Canadian clothing company primarily focused on women’s fashion, offering trendy dresses, shirts and more. The clothes are expensive, but not over-the-top unaffordable. Aritzia clothes have grown in popularity, with the company nearly doubling revenue year-over-year, according to Benzinga Pro. 

Since April 2020, Aritzia’s stock’s one-year return has outpaced giants Advanced Micro Devices, Inc AMD, Apple Inc AAPL and Ford Motor Company F. 

Here’s how the returns break down from April 2021 to the present: 

AMD is up from $81.09 a share to $106.91 for a return of 31.84%. 

Ford is up from $12.17 a share to $16.56 for a return of 36.20%. 

Apple is up from $123.00 a share to $173.11 for a return of 40.74%

And finally … Aritzia’s stock is up from $24.26 a share to $39.25 for a return of 57.25%

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