{"id":73129,"date":"2026-05-08T18:56:02","date_gmt":"2026-05-08T18:56:02","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/05\/08\/aritzia-reports-record-revenue-in-fourth-quarter-hits-2027-target-a-year-early\/"},"modified":"2026-05-08T18:56:02","modified_gmt":"2026-05-08T18:56:02","slug":"aritzia-reports-record-revenue-in-fourth-quarter-hits-2027-target-a-year-early","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/05\/08\/aritzia-reports-record-revenue-in-fourth-quarter-hits-2027-target-a-year-early\/","title":{"rendered":"Aritzia reports record revenue in fourth quarter, hits 2027 target a year early"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<br \/><iframe loading=\"lazy\" title=\"The disconnect between Main Street and Wall Street\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/6kSVpVr7O3Q?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p> Aritzia Inc. reported record results for its fourth quarter , and hit its fiscal 2027 revenue target one year early, chief executive Jennifer Wong said on its conference call Thursday. <\/p>\n<p> Wong said the company continues to \u201ccaptivate\u201d shoppers with its expansion strategy as new stores draw lineups and recoup costs faster than expected. <\/p>\n<p> The Vancouver-based fashion chain\u2019s net revenue grew nearly 33 per cent to just shy of $1.2 billion for the three months ending March 1, beating both analysts\u2019 forecasts and Aritzia\u2019s own guidance for the quarter. Net income grew 35 per cent to $134 million. <\/p>\n<p> Adjusted net income, which excludes the impact of one-time items, increased 41 per cent to $138 million. Adjusted earnings per share were $1.15, up from $0.83 a year earlier and above analysts\u2019 forecasts of $1.03 per share. <\/p>\n<p> \u201cStrong double-digit growth across new, existing, and reactivated clients has been a key contributor to the outstanding momentum in our business,\u201d Wong said on the call. <\/p>\n<p> Aritzia now has 76 boutiques in the United States , where net revenue increased 38 per cent to $755 million. The U.S. accounts for 64 per cent of Aritzia\u2019s net revenue, and the retailer plans to open in four new markets this year: Birmingham, Fort Worth, New Orleans and St. Louis. <\/p>\n<p> Chief financial officer Todd Ingledew said the company is currently paying a \u201cglobal surcharge\u201d of 10 per cent on imports from key sourcing markets, referring to new U.S. tariffs imposed by President Donald Trump in February. <\/p>\n<p> The U.S. Court of International Trade deemed those duties unlawful on Thursday, but the ruling only applies to three plaintiffs (two businesses and the state of Washington). <\/p>\n<p> Aritzia announced last year that it shifted fulfilment of all American orders to its Ohio distribution centre before the de minimis exemption \u2014 the loophole that allowed low-value orders to ship to the U.S. duty-free \u2014 ended on Aug. 29. <\/p>\n<p> Wong said the company expects to begin work on a second distribution centre in the U.S. later this year or early next. <\/p>\n<p> Aritzia\u2019s brand awareness is \u201cgrowing rapidly in the United States at a time when other brands such as Abercrombie, Lululemon, and Banana Republic are struggling,\u201d Stifel Nicolaus Canada Inc. analyst Martin Landry said in a note. <\/p>\n<p> \u201cAritzia seems to have found a niche, offering high quality products at price points above mainstream brands,\u201d he said. \u201cThis is conferring a cachet to the brand, which resonates with customers.\u201d <\/p>\n<p> Double-digit comparable sales growth in existing stores and strong sales at new and expanded boutiques helped overall retail net revenue grow to $698 million, up 35 per cent from last year. <\/p>\n<p> Wong said the new U.S. stores that opened in fiscal 2026 are tracking to pay back in less than a year, beating Aritzia\u2019s target of 12 to 18 months. <\/p>\n<p> \u201cOur boutiques enhance brand recognition, drive new client acquisition, and support digital growth, particularly in new markets,\u201d she said. <\/p>\n<p> While its U.S. business continues to lead Aritzia\u2019s growth, sales in the mature Canadian market are holding up. Net revenue in the country increased 24 per cent to $431 million, driven by strong comparable sales both in stores and online. <\/p>\n<p> Wong said Aritzia\u2019s mobile app, which launched at the end of October, continues to see strong and consistent week-over-week downloads and drives 20 per cent to 40 per cent of e-commerce sales . Overall, digital net revenue increased 29 per cent to $488 million. <\/p>\n<p> Aritzia repurchased approximately 897,000 shares during the quarter and a total of around 1.4 million shares in fiscal 2026. <\/p>\n<p> The company had $592 million in cash at the end of the quarter, zero debt and no money drawn on its $300-million revolving credit facility. <\/p>\n<ul class=\"related_links\">\n<li>Aritzia reports first ever billion-dollar quarter. &#8216;Everything is working&#8217;<\/li>\n<li>How Canadian retail phenomenon Aritzia weathered a rough patch to emerge stronger than ever<\/li>\n<\/ul>\n<p> Ingledew said Aritzia\u2019s excess cash will go toward capital expenditures, including $210 million related to investments in new and repositioned stores over the next two years, and for \u201copportunistically\u201d repurchasing shares in fiscal 2027. <\/p>\n<p> When asked about international expansion, Wong said Aritzia is focused on U.S. growth for now but is gathering information about international customers from its e-commerce site. She said people from around the world also visit Aritzia\u2019s U.S. stores. <\/p>\n<p> \u201cI think that bodes very well for our future internationally,\u201d said Wong. \u201cWe\u2019ll share more on our long-range plan coming this fall. You\u2019ll hear more then.\u201d <\/p>\n<p> <em>\u2022 Email: jswitzer@postmedia.com<\/em> <\/p>\n<p><iframe loading=\"lazy\" title=\"Summer travel demand &#039;still very strong&#039; despite increased fuel costs\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/fSbkTuQbF9s?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><br \/>\n<br \/>\n<br \/>Aritzia reports record revenue in fourth quarter, hits 2027 target a year early<\/a><br \/>\n<br \/>2026-05-08 18:56:02<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aritzia Inc. reported record results for its fourth quarter , and hit its fiscal 2027 revenue target one year early, chief executive Jennifer Wong said on its conference call Thursday&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":73130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/05\/0509-mg-aritzia.jpg","fifu_image_alt":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-73129","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/73129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=73129"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/73129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/73130"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=73129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=73129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=73129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}