Aritzia Q1 revenue climbs 33%
The Vancouver-based company said net revenues reached $663 million, compared to $498.6 million in Q1 2025, while comparable sales grew 19.3%, as all channels and all geographies climbed positively.
By region, in the United States, net revenue surged by 45.1% to $413 million, compared to $284.7 million in Q1 2025. On the brand's home turf in Canada, net revenue increased 17% to $250.3 million, compared to $214 million in Q1 2025.
Aritzia's retail net revenue increased by 34.2% to $480.3 million, compared to $357.8 million in Q1 2025, driven by strong performance of the company's new and repositioned boutiques, as well as mid-teens comparable sales growth in existing boutiques in both countries.
Likewise, e-commerce net revenue equally climbed 30% to $183.0 million, compared to $140.8 million in Q1 2025.
Net income increased 167.7% to $42.4 million, or 6.4% from 3.2% as a percentage of net revenue. Net income per diluted share was $0.36 per share, compared to $0.14 per share in Q1 2025.
"Trends across the business remain strong, and we are pleased with the start to our second quarter. We continue to navigate macro developments from a position of financial and operational strength, as we adapt to the environment around us and execute across our key strategic growth levers - geographic expansion, digital growth and increased brand awareness,' said Jennifer Wong, chief executive officer.
'The strength of the Aritzia brand has never been greater, and yet we still have a long runway for growth in the United States. This gives me great confidence in our ability to execute and capitalize on all of the opportunities that lie ahead.'
Looking ahead to the second quarter, Aritzia expects net revenue in the range of $730 million to $750 million, representing growth of approximately 19% to 22%. For the full fiscal year, Aritzia is forecasting net revenue in the range of $3.10 billion to $3.25 billion4, representing growth of approximately 13% to 19% from Fiscal 2025.
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