Aritzia’s Post

Just in — our Q2 Fiscal Year 2024 results. Thanks to the commitment and hard work of our world-class team, Aritzia continues to provide our much-loved Everyday Luxury experience to new and loyal clients. As we expand across Canada and the USA, we look forward to propelling the business into the future.    Our Chief Executive Officer, Jennifer Wong, shares, "Aritzia delivered second quarter net revenue of $534 million, an increase of approximately 2% on top of outstanding growth of 50% in the second quarter of Fiscal 2023 and 75% in the second quarter of Fiscal 2022.”   Wong continues, "Following two years of unprecedented growth that resulted in a 39% three-year net revenue CAGR in Q2 of Fiscal 2024, we’re continuing to position ourselves for the next phase of expected growth and invest in the scalability of our business. Entering the third quarter, our new styles for Fall are resonating well with our clients, and we expect our assortment to be in a strong position for Spring/Summer 2024. Our new and expanded boutiques continue to deliver better-than-expected results, which provides us confidence as we enter into a period of rapid square footage expansion, as well as continue to advance our eCommerce 2.0 strategy and re-accelerate our adjusted EBITDA margin.”   Stay tuned — exciting things are in store.   Click the image below to read our full Q2 earnings report.   Want to grow with us? Explore life at Aritzia: https://lnkd.in/gwDt2Seh   #business #fashion #careers