This just in — our Q1 results for Fiscal 2025. Here’s what our Chief Executive Officer, Jennifer Wong, has to say. “We are pleased with our performance during the first quarter of Fiscal 2025, as we generated an 8% increase in net revenue compared to the first quarter of Fiscal 2024 and delivered positive comparable sales growth in all geographies and all channels. Our top line was fueled by a 13% net revenue increase in the United States, driven by our real estate expansion strategy and growing brand awareness. Throughout the quarter we continued to optimize the composition of our inventory, which drove a sequential acceleration in sales trends each month. As expected, we also delivered meaningful improvement in our Adjusted EBITDA margin.” Wong continues, “As we navigate a dynamic consumer environment, we're encouraged by the positive response to both our new styles and client favourites. Our new boutiques continue to perform ahead of expectations, and we are particularly excited about the extraordinary pipeline of boutique openings this year, representing 50% square footage growth in the United States. We expect further improvement in our eCommerce business driven by product optimization and strategic investments. We are confident that our real estate expansion strategy, digital initiatives, and growing brand awareness in the United States will enable us to deliver consistent, profitable growth for years to come.” Want to learn more? Read our full Q1 Fiscal 2025 Earnings Report: https://lnkd.in/ecTMfGSp If you’re looking for your next opportunity — look no further. We’re hiring. Explore careers at Aritzia today: https://lnkd.in/gwDt2Seh #business #fashion
big $$$
Great Q! Congratulations team.
I'm interested
I have now visited your store at Hudson Yards twice in the last year. Looking strong in Manhattan 👏