Main Canadian style retailer Aritzia (ATZ) reported that its first quarter web revenue grew 86%
to $33.3 million, or $0.29 per share.
The Vancouver-based firm attributed the expansion in its web revenue to a 65% improve in its
income to $407.9 million through the quarter, with same-store gross sales climbing 29.4%.
Excluding one-time objects, adjusted web earnings in Q1 totaled $40.9 million or $0.35 a share,
in contrast with $21.7 million or $0.19 per share in the identical interval a yr in the past.
Retail revenues rose 71% to $287.8 million whereas e-commerce gross sales gained 15.5% to $120.1
million within the quarter. Revenues within the U.S. rose 81%.
Wanting forward, Aritzia raised its full-year income steerage to between $1.88 billion and $1.9
billion from a earlier outlook of $1.80 billion.
12 months to this point, Aritzia inventory is down 32% at $36.19 per share.
Main Canadian style retailer Aritzia (ATZ) reported that its first quarter web revenue grew 86%
to $33.3 million, or $0.29 per share.
The Vancouver-based firm attributed the expansion in its web revenue to a 65% improve in its
income to $407.9 million through the quarter, with same-store gross sales climbing 29.4%.
Excluding one-time objects, adjusted web earnings in Q1 totaled $40.9 million or $0.35 a share,
in contrast with $21.7 million or $0.19 per share in the identical interval a yr in the past.
Retail revenues rose 71% to $287.8 million whereas e-commerce gross sales gained 15.5% to $120.1
million within the quarter. Revenues within the U.S. rose 81%.
Wanting forward, Aritzia raised its full-year income steerage to between $1.88 billion and $1.9
billion from a earlier outlook of $1.80 billion.
12 months to this point, Aritzia inventory is down 32% at $36.19 per share.
