News Formal

Aritzia earnings up on higher retail, e-commerce revenue

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

VANCOUVER — Clothing retailer Aritzia Inc. says it earned $18.2 million in the second quarter of its 2025 fiscal year, an improvement over the nearly $6-million loss it incurred in the same quarter a year earlier.

The profit works out to 16 cents per diluted share, compared to a loss of five cents per diluted share in the second quarter of its 2024 fiscal year.It said its comparable sales growth was 6.5 per cent.

Aritzia said its retail net revenue increased by 17.6 per cent to $425.6 million, primarily due to strong performance from the company's new and repositioned boutiques. E-commerce net revenue increased by 10.4 per cent to $190 million, largely due to what the company said was traffic growth in the U.S., a strong response to its fall product line, and its investment in digital marketing.The Canadian Press

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Company apologizes for anonymous campaign against chlorine plantChemtrade Logistics Inc. facility in North Vancouver, B.C., on Wednesday, Aug. 28, 2024.
Source: CBCNews - 🏆 2. / 99 Read more »