Aritzia Inc. Announces Unaudited Consolidated Financial Results for the Third Quarter and Year-To-Date Ended November 25, 2018; Provides Earnings Guidance for the Fiscal 2019
January 09, 2019 at 09:01 pm
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Aritzia Inc. announced unaudited consolidated financial results for the third quarter and year-to-date ended November 25, 2018. For the quarter, the company reported net revenue of CAD 242,876,000 against CAD 204,449,000 a year ago. Income from operations was CAD 45,339,000 against CAD 39,904,000 a year ago. Net income was CAD 32,600,000 against CAD 28,073,000 a year ago.
For the year-to-date, the company reported net revenue of CAD 615,246,000 against CAD 523,463,000 a year ago. Income from operations was CAD 83,751,000 against CAD 67,446,000 a year ago. Net income was CAD 60,005,000 against CAD 41,192,000 a year ago.
For fiscal 2019, the company continues to expect to deliver mid-teens revenue growth as compared to fiscal 2018.
Aritzia Inc. is a Canada-based vertically integrated design house. The Company is a creator and purveyor of Everyday Luxury, which is home to a portfolio of brands for every function and individual aesthetic. The Company provides personal shopping experiences at aritzia.com and in its 110+ boutiques throughout Canada and the United States. The Companyâs products include jackets and coats, sweaters, pants, t-shirts and tops, dresses, shirts and blouses, sweatsuits, bodysuits, skirts, shirt jackets, denim, activewear, leggings, shorts, jumpsuits & rompers, and accessories. The Company offers its products under various brands, including Wilfred, Wilfred Free, Babaton, The Group by Babaton, Babaton 1-01, Ten by Babaton, Tna, Super World, Sunday Best, TnAction, Denim Forum, Little Moon, Auxiliary and Talula.
Aritzia Inc. Announces Unaudited Consolidated Financial Results for the Third Quarter and Year-To-Date Ended November 25, 2018; Provides Earnings Guidance for the Fiscal 2019