Aritzia Q2 Earnings Beat Estimates on Strong U.S. Expansion
Key Facts
Aritzia reported earnings per share of $0.95 for the second quarter, surpassing analyst estimates of $0.76 according to Financial Modeling Prep. Net income rose 204.2% to C$201.70 million, significantly boosted by C$97.40 million in tariff refunds. The Wall Street Journal reported that the company raised its fiscal 2027 revenue growth guidance to a range of 29% to 32% following strong performance in the United States.
The growth was fueled by a 60.3% surge in U.S. revenue and robust digital sales growth of 67.7%. CEO Jennifer Wong attributed the results to demand for Summer and Fall collections, inventory levels, and strategic spending on digital operations and marketing. Shares of ATZAF saw bullish momentum following the report, gaining approximately 15% in U.S. over-the-counter trading.