Aritzia Inc. is continuing to ride a wave of growth with its second-quarter earnings roughly tripling from last year.
The Vancouver-based retailer revealed Thursday that its net income for the period ended Aug. 30 increased by 204 per cent from last year to $201.7 million. That amounted to $1.70 per diluted share compared with 56 cents a year before.
“Our brand has never been stronger and it’s the momentum of that brand that has really underpinned our growth,” chief executive Jennifer Wong told analysts on a call shortly after the company published its latest financial results.
Her remarks came as Aritzia, which is also behind the TNA, Wilfred, Reigning Champ and Babaton brands, has been expanding rapidly in markets including the United States.
In the last 12 months, its opened 14 new boutiques, which are generating higher sales per square foot than past cohorts of stores. The company wants to keep up that pace with six more locations planned for Florida, Georgia, Massachusetts, Nevada and Texas.
At the same time, Aritzia is taking over larger sites, expanding its average store size from 6,000 square feet in 2016. Now the target for some locations is 10,000 square feet and flagships can be more than 30,000 square feet.
The growth has not only brought more fitting rooms and showcase space but customers and often, sales.
Yet Wong and chief financial officer Todd Ingledew said Thursday that neither the company’s expansion efforts nor its larger stores were the sole drivers of Aritzia’s growth.
They also attributed some of the brand’s momentum over its last eight quarters to an app Aritzia launched almost a year ago, which has significantly boosted digital sales, and the broad appeal of the retailer’s merchandise.
Wong thinks Aritzia is managing to reach its fourth generation of shoppers — a wide swath of consumers who don’t all fit a single customer profile.
“It’s across the board,” she said. “Anyone who values high-quality products with a depth of design and impeccable construction … at an attainable price point is going to resonate with our product.”
The strength Wong sees was reflected in Aritzia’s revenues.
Its second-quarter net revenue increased 44 per cent to $1.17 billion from last year.
Almost $780 million of that net revenue was derived in the United States, where the company saw a roughly 60 per cent increase from last year.
Meanwhile, its net revenue attributable to Canada increased almost 20 per cent to $390.4 million over the same period.
Such results encouraged Aritzia to boost its guidance.
It now expects to close out the year with between $4.78 billion and $4.88 billion in net revenue, which would be an increase of up to 32 per cent from last year.
This report by The Canadian Press was first published Oct. 8, 2026.
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