Canada · Delayed Price · Currency is CAD Aritzia Earnings Call Transcripts
Fiscal Year 2026
-
Q3 delivered record revenue and margin expansion, led by 43% top-line growth and strong U.S. and e-commerce performance. Guidance for Q4 and the full year was raised, with continued investments in digital, retail, and brand initiatives fueling momentum.
-
Second quarter net revenue grew 32% to $812 million, with strong gains in both retail and e-commerce, and U.S. net revenue up 41%. Adjusted EBITDA margin expanded to 15.1%, and full-year guidance was raised despite increased tariff headwinds.
-
First quarter net revenue grew 33% year-over-year to $663 million, with strong gains in both retail and e-commerce, and a 45% increase in U.S. revenue. Gross margin expanded to 47.2%, and full-year guidance was raised, reflecting reduced tariff headwinds and continued momentum.
Fiscal Year 2025
-
The meeting saw the election of nine directors and the appointment of auditors, with strong financial results highlighted by 19% net revenue growth and significant U.S. expansion. Strategic initiatives included new boutiques, digital upgrades, and a focus on sustainability and business resilience.
-
Q4 saw 38% net revenue growth and 26% comp sales, with U.S. revenue up 56% and e-commerce up 48%. Fiscal 2026 guidance anticipates 11–19% revenue growth, with margin pressure from U.S. tariffs offset by supply chain diversification and cost controls.
-
Q3 saw 16% normalized net revenue growth, led by U.S. expansion, e-commerce acceleration, and record-breaking holiday sales. Gross margin expanded 430 bps, and adjusted EBITDA rose 49%. FY2025 outlook was raised, with continued strong momentum expected into next year.
-
Q2 net revenue grew 15% to CAD 616 million, led by 24% U.S. growth and strong e-commerce gains. Gross margin expanded 520 bps, and Adjusted EBITDA margin rose to 9%. FY25 guidance was raised, with new boutiques and digital initiatives expected to drive further growth.
-
Q1 FY2025 net revenue rose 8% to CAD 499M, led by U.S. retail and e-commerce growth, with gross margin up 510 bps to 44%. Guidance for FY2025 is reiterated, with 11–13 new boutiques planned and adjusted EBITDA margin expected to expand 400–500 bps.
Fiscal Year 2024
-
The meeting covered board elections, auditor reappointment, and renewal of the incentive plan. Fiscal 2024 saw 6% revenue growth, strong U.S. expansion, and major investments in infrastructure, digital, and sustainability. No questions were raised during the Q&A.