Aritzia Inc (TSX:ATZ) shares moved higher as it reported fiscal third quarter earnings that topped analyst expectations, driven by growth in both its retail and eCommerce channels.
For the quarter ended November 30, 2025, the Canadian fashion retailer recorded net revenue of C$1.04 billion, up 42.8% from C$727.6 million in the same period last year.
This topped the consensus forecast of C$934.8 million and exceeded the company’s guidance of 20% to 24% year-over-year growth. Comparable sales increased 34.3% during the period.
Adjusted net income per diluted share rose 54.9% to C$1.10, up from C$0.71 in Q3 2025, surpassing analyst estimates of C$0.63.
Net income increased 87.5% to C$138.9 million, representing 13.4% of net revenue, up from 10.1% in the prior year.
US operations remained a key growth driver, with net revenue in the region climbing 53.8% to C$621.1 million, accounting for nearly 60% of total revenue.
Retail revenue grew 35.1% to C$657.3 million, while eCommerce revenue increased 58.2% to C$383 million.
Gross profit margin expanded by 30 basis points to 46%, and selling, general and administrative expenses as a percentage of revenue declined 170 basis points to 27.9%.
Adjusted EBITDA rose 52.2% to C$207.6 million, with a margin of 20%, up 120 basis points from a year earlier.
CEO Jennifer Wong said the results reflected broad-based demand for Aritzia’s offerings.
“Our performance was fueled by unparalleled demand for our Everyday Luxury offering, driven by digital initiatives, new boutique openings, and strategic marketing investments,” Wong said.
She also highlighted the continued momentum in the US, where brand awareness and sales growth contributed to the strong results.
Wong added that early trends in the fourth quarter have remained positive, citing strong customer response to the winter collection and continued operational execution across the company’s strategic growth priorities, including geographic expansion, digital growth, and brand awareness.
Aritzia’s Toronto-listed shares jumped 5.6% to C$132, while its US-listed stock added 4.6% to US$95.