Aritzia earnings up on higher retail, e-commerce revenue

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 81 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 63%

Aritzia Inc. समाचार

Net Revenue,Jennifer Wong,Vancouver-Based Company

VANCOUVER — Canadian clothing retailer Aritzia Inc. saw its earnings rise in its fiscal second quarter, thanks to higher retail and e-commerce revenue.

The Vancouver-based company said Thursday 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.

In a news release, CEO Jennifer Wong acknowledged that the company is navigating a softer consumer environment on the Canadian side of the border, but is pleased with the positive customer response to its fall fashion line. It set its sights on the U.S. in 2007, opening its first stores there that year, and continues to focus on new store openings to help drive growth.

Its net revenue increased by 15.3 per cent year-over-year to $615.7 million, while its comparable sales growth was 6.5 per cent.The company 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. OSLO — Erling Haaland marked his first game as Norway captain by becoming his country's all-time leading scorer — then appeared to indicate he will soon become a father.The dynastic Kennedy clan lost its matriarch on Thursday with the passing of 96-year-old Ethel Kennedy.The activist and mother, who was left to raise 11 kids on her own after her husband, Robert, was assassinated in 1968, is survived by nine of her children—many of whom have become noteworthy in their own right.

DETROIT — Vice President Kamala Harris and the White House criticized Donald Trump for his attacks on the federal response to Hurricanes Helene and Milton and suggested he was wrongly trying to turn the deadly storms to his political advantage.In the hours before Hurricane Milton hit, forecasters were worried it could send as much as 15 feet of water rushing onto the heavily populated shores of Florida's Tampa Bay.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 47. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें