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Aritzia earnings up on higher retail, e-commerce revenue
VANCOUVER — Clothing retailer Aritzia Inc. says it earned $18.2 million in the second quarter of its 2025 fiscal year, an improvement over the nearly $6-million loss it incurred in the same quarter a year earlier.
The profit works out to 16 cents per diluted share, compared to a loss of five cents per diluted share in the second quarter of its 2024 fiscal year.
The company said its net revenue increased by 15.3 per cent year-over-year to $615.7 million.
It said its comparable sales growth was 6.5 per cent.
Aritzia said its retail net revenue increased by 17.6 per cent to $425.6 million, primarily due to strong performance from the company's new and repositioned boutiques.
E-commerce net revenue increased by 10.4 per cent to $190 million, largely due to what the company said was traffic growth in the U.S., a strong response to its fall product line, and its investment in digital marketing.
This report by The Canadian Press was first published Oct. 10, 2024.
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