Fashion retailer Aritzia Inc., announced Thursday its financial results for the second quarter ended August 30, 2026, with net revenue increasing 44.1% to $1.17 billion and with comparable sales growth of 34.5%.
“We sustained exceptional momentum in the second quarter, delivering 44% net revenue growth and a 35% increase in comparable sales, as broad-based strength across geographies, channels and product categories continued to demonstrate the wide appeal of our brand,” said Jennifer Wong, Chief Executive Officer. “This outstanding performance was driven by high demand for our Summer and Fall collections, supported by optimal inventory positioning, while strategic investments in real estate, digital and marketing continued to expand our reach and deepen client engagement. Our digital channel was particularly robust, accelerating to 68% net revenue growth, while the United States remained our top market with 60% net revenue growth. Our strong top line performance, combined with disciplined execution and our profitability initiatives, drove a 590 basis point increase in our adjusted EBITDA margin to a second quarter record of 21%. In addition, adjusted net income per diluted share more than doubled compared to last year. These results demonstrate the tremendous earnings power of our business model as we continue to scale.
“Our momentum has continued into the third quarter, driven by the positive response to our Fall product and growing affinity for our brand. I am incredibly proud of our people and the disciplined execution that continues to differentiate Aritzia. Their commitment to delivering exceptional experiences for our clients and advancing our strategic priorities has positioned us well for the future. I look forward to sharing how we plan to build on this momentum and unlock our next chapter of growth at our Investor Day on October 27, 2026.”
Second Quarter Highlights
For Q2 2027, compared to Q2 2026:
- Net revenue increased 44.1% to $1.17 billion, with comparable sales growth of 34.5%
- United States net revenue increased 60.3% to $779.4 million, comprising 66.6% of net revenue
- Canada net revenue increased 19.8% to $390.4 million, comprising 33.4% of net revenue
- Retail net revenue increased 34.1% to $766.9 million, comprising 65.6% of net revenue
- Digital net revenue increased 67.7% to $402.9 million, comprising 34.4% of net revenue
- Adjusted gross profit margin excluding the benefit of tariff refunds increased 490 bps to 48.7%
- Gross profit margin, as reported, increased 1,330 bps to 57.1%
- Selling, general and administrative expenses as a percentage of net revenue decreased 130 bps to 29.5%
- Adjusted EBITDA increased 99.7% to $246.2 million. Adjusted EBITDA as a percentage of net revenue increased 590 bps to 21.0%
- Net income increased 204.2% to $201.7 million. Net income as a percentage of net revenue increased 910 bps to 17.2%. Net income per diluted share increased 203.6% to $1.70 per share, compared to $0.56 per share in Q2 2026
- Adjusted Net Income increased 122.1% to $156.0 million. Adjusted Net Income per Diluted Shareincreased 122.0% to $1.31 per share, compared to $0.59 per share in Q2 2026
The company said the net revenue increase was driven by outstanding comparable sales growth and the strong performance of the its new and repositioned boutiques. Comparable sales increased “as all channels and all geographies generated positive double-digit growth. This was driven by exceptional demand for the Company’s product offering, as well as the Company’s digital initiatives and its strategic marketing investments,” it explained.
In the United States, net revenue increased 60.3% to $779.4 million, compared to $486.1 million in Q2 2026. This was fueled by strong comparable sales growth in Digital and Retail, as well as the company’s real estate expansion strategy. Net revenue in Canada increased 19.8% to $390.4 million, compared to $326.0 million in Q2 2026, driven by strong comparable sales growth in Digital and Retail, as well as the company’s real estate expansion strategy, added Aritzia.
“Retail net revenue increased 34.1% to $766.9 million, compared to $571.7 million in Q2 2026. The increase was driven by strong comparable sales growth in both the United States and Canada, as well as the strong performance of the Company’s new and repositioned boutiques. In the last 12 months, the Company opened 14 new boutiques and repositioned five boutiques. Boutique count3 at the end of Q2 2027 totaled 146 compared to 134 boutiques at the end of Q2 2026,” noted the retailer.
“Digital net revenue increased 67.7% to $402.9 million, compared to $240.3 million in Q2 2026. The increase was fueled by strong traffic growth, driven by robust demand for the Company’s product offering, its new mobile app and its investments in digital marketing.”
Aritzia said it expects the following for Fiscal 2027: Net revenue in the range of $4.78 billion to $4.88 billion, representing growth of approximately 29% to 32% from Fiscal 2026. This includes the contribution from retail expansion with 12 to 13 new boutiques and four to five boutique repositions. Eleven to twelve new boutiques and two to three repositions are expected to be in the United States with the remainder in Canada.
Founded in 1984 in Vancouver, Aritizia has 145+ boutiques throughout North America.
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