Aritzia Posts $1.31 Non-GAAP EPS as Revenue Climbs 44.1%

Aritzia Inc. posted second-quarter revenue of $1.17 billion and non-GAAP earnings per share of $1.31, extending strong growth across its digital and overall business.

Revenue rose 44.1% from a year earlier and exceeded estimates by $384.04 million. The earnings figure came in 57 cents above expectations.

Digital net revenue increased 67.7% to $402.9 million, accounting for 34.4% of total net revenue.

Adjusted EBITDA increased 99.7% to $246.2 million, while the adjusted EBITDA margin expanded 590 basis points to 21%.

Aritzia’s reported gross profit margin rose 1,330 basis points to 57.1%. Adjusted gross margin, excluding tariff refunds, increased 490 basis points to 48.7%.

Selling, general and administrative expenses declined 130 basis points as a percentage of net revenue, reaching 29.5%.