Aritzia delivered a standout start to fiscal 2026, posting double-digit gains in revenue and profit as its multi-channel strategy continues to pay off.
Aritzia posts record revenue and profit growth
Vancouver-based Aritzia, a leader in contemporary fashion, reported net revenue of $663 million for the first quarter of fiscal 2026, up 33% from last year. Comparable sales climbed 19%, with double-digit gains in both retail and eCommerce, and strong performance across all regions.
“We achieved net revenue of $663 million in the first quarter of Fiscal 2026, a 33% increase compared to last year. Comparable sales grew 19%, fueled by double-digit growth in all channels and all geographies. Our results were driven by the strong performance of our Spring/Summer product, which resonated exceptionally well with our clients, as well as our optimized inventory position, strategic marketing investments and our new and repositioned boutique openings. Growth was consistent across channels, with…
net revenue increasing 34% in retail and 30% in eCommerce, underscoring the broad strength of our multi-channel business. Our performance in the United States, where net revenue increased a tremendous 45%, continued to fuel our results,” Jennifer Wong, Chief Executive Officer, said.
“In addition, we generated meaningful gross profit margin expansion and SG&A leverage, resulting in outstanding adjusted EPS growth of over 90%.” US market drives growth, eCommerce and retail both soar Aritzia’s US business was a major growth engine, with net revenue up 45% to $413 million—now accounting for 62% of total sales.
Retail net revenue rose 34% to $480 million, boosted by new and repositioned boutiques and strong comparable sales in both the US and Canada. eCommerce revenue also grew 30% to $183 million, making up nearly 28% of total sales.
Gross profit margin improved to 47.2% from 44.0% a year ago, driven by leverage on store occupancy costs, lower warehousing expenses, and savings from the company’s smart spending initiatives. Adjusted EBITDA jumped 77% to $95.3 million, and adjusted net income nearly doubled to $49.3 million…
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