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State: 17.08.2024 | 11PM
Thu, 10.10.2024       Aritzia

VANCOUVER, BC, Oct. 10, 2024 /CNW/ - Aritzia Inc. (TSX: ATZ) ("Aritzia", the "Company", "we" or "our"), a design house with an innovative global platform offering Everyday Luxury online and in its boutiques, today announced its financial results for the second quarter ended September 1, 2024 ("Q2 2025").

"Our performance during the second quarter of Fiscal 2025 exceeded our expectations, as we delivered a 15% increase in net revenue compared to the second quarter of Fiscal 2024 and generated comparable sales growth of 6.5%. Our top line was fueled by a 24% net revenue increase in the United States, which was driven by our proven real estate expansion strategy, a meaningful acceleration in eCommerce growth and strong comparable sales growth in our boutiques. We again delivered substantial improvement in our Adjusted EBITDA margin, representing another step toward our historical levels in the high-teens," said Jennifer Wong, Chief Executive Officer.

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