VANCOUVER — Canadian clothing retailer Aritzia Inc. saw its earnings rise in its fiscal second quarter, thanks to higher retail and e-commerce revenue.
The company also said it saw a"meaningful acceleration" in e-commerce growth and strong sales growth in its boutiques. Aritzia, which was founded in Vancouver in 1984, has long been a Canadian favourite, with brands like TNA, Wilfred, Babaton and Reigning Champ drawing in younger shoppers, as well as celebrities like Hailey Bieber and Jessica Alba.
Aritzia said Thursday its second quarter 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.
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