Aritzia shares rise after revenue and net income jump
Updated
Updated · MarketWatch · May 8
Aritzia shares rise after revenue and net income jump
12 articles · Updated · MarketWatch · May 8
The stock gained 4.3% to C$148.16 after fourth-quarter revenue rose 33% to C$1.19 billion and net income increased to C$134.3 million, beating expectations.
Comparable sales climbed 28%, adjusted earnings reached C$1.15 a share versus C$1.03 expected, and US revenue rose 38% to C$755.3 million, nearly 64% of total sales.
Aritzia forecast fiscal 2027 revenue of C$4.4 billion to C$4.6 billion and a 150-200 basis-point gross margin increase, with CEO Jennifer Wong saying strong demand continued into the first quarter.
As Aritzia rapidly expands in the U.S., can it maintain the exclusive boutique feel that built its brand?
With AI driving an 80% revenue lift, is Aritzia's algorithm becoming more important than its designers?
After conquering North America, how will Aritzia's 'Everyday Luxury' style translate to London and Tokyo?