Aritzia reports 17% annual revenue growth, fueled by US momentum
Canadian fashion retailer Aritzia announced on Thursday net revenue climbed 17.4% to $2.74 billion for the full fiscal year 2025, ended March 2, up 19.1%.
The Vancouver-based company said net income jumped 163.8% to $207.8 million, or $1.78 per diluted share, compared to $0.69 in the prior year.
The U.S. remained the company's primary growth engine, with full-year revenue up 29% to $1.58 billion, fueled by digital investments and new store openings, including Aritzia's flagship on Manhattan's Fifth Avenue. Canadian revenue rose 4.6% to $1.16 billion.
Aritzia also reported a 21.1% increase in e-commerce revenue, reaching $951 million for the year. Retail net revenue rose 15.5% to $1.79 billion, boosted by 12 new boutiques and three repositioned stores. The company ended the year with 130 boutiques, up from 119 in Fiscal 2024.
For the fourth quarter, net revenue grew 31.3% to $895.1 million, driven by a 56.2% increase in U.S. sales and a 48% jump in eCommerce. Comparable sales rose 26%. Net income for Q4 surged more than fourfold to $99.6 million, or $0.84 per diluted share. Adjusted EBITDA soared 121.8% to $160.9 million.
"Our results for the fourth quarter and full year fiscal 2025 underscore the strength of our business and growing affinity for the Aritzia brand,' said Jennifer Wong, chief executive officer.
'Underpinned by our assortment of beautiful products, optimized inventory position and strategic marketing investments, we fueled accelerated momentum in eCommerce and continued to execute our real estate expansion strategy, including the opening of our iconic Fifth Avenue flagship in Manhattan.'
Looking ahead, Wong said Aritzia is seeing 'strong momentum in the first quarter of fiscal 2026' as customers respond positively to the Spring/Summer collection. She acknowledged global tariff shifts but expressed confidence in the company's adaptability, noting, 'Our successful 40+ year track record across varying economic climates demonstrates our ability to pivot and adapt.'
For the first quarter, Aritzia expects net revenue in the range of $620 million to $640 million, representing growth of approximately 24% to 28%.
For fiscal 2026, Aritzia expects net revenue in the range of $3.05 billion to $3.25 billion, representing growth of approximately 11% to 19% from Fiscal 2025.
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