Case Information: Aritzia Inc.

The objective of this exercise is to develop your ability to perform a comprehensive analysis on a set of financial statements. Use the $2022$ annual report of Aritzia Inc. $($year ended February $27,2022)$ from their website. Go to the Financial Reports section and click on Fiscal Year $2022.$

Evaluate Aritzia$$s shares as an investment.

$1.$ What was the closing market price of Aritzia$$s shares on February $28,2022,$ the next trading day after the balance$-$sheet date of February $27,2022?$ Google Aritzia$$s stock price on Yahoo Finance Aritzia$$s ticker symbol is ATZ.TO$.$

$2.$ Compute the price$-$earnings ratio using your EPS calculation and the market price you just determined.

$3.$ Based on Management$$s Discussion and Analysis $($annual report$)$ as well as any business news $($Google Finance is an example$),$ would you evaluate the company$$s shares as a $$buy$,$hold$,$ or $$sell$?$ State your reasons.