An Aritzia storefront is pictured in Montreal (Photo: THE CANADIAN PRESS/Ryan Remiorz)
Aritzia Inc., the Vancouver-based fashion retailer, is seeing major gains south of the border. In its latest quarterly results, the company announced a 45% jump in U.S. revenue, totalling $413 million. That’s a remarkable rise compared to last year, backed by a growing American customer base—now 40% larger than the previous year.
This surge reflects Aritzia’s successful strategy of expanding into the U.S. market. Despite global trade pressures and rising tariffs, the brand continues to flourish. The company’s CEO, Jennifer Wong, remains confident about their long-term prospects. “These results show how strong our brand is becoming in the U.S. We’ve come far, but we still have much more room to grow,” she shared during a Thursday call with analysts.
While political tension and trade barriers—especially between the U.S. and China—have affected many companies, Aritzia has adapted. Nearly 40% of its business remains untouched by tariffs, thanks to a diversified supply chain. However, challenges remain. China, a significant manufacturing hub for Aritzia, has become a costlier option due to ongoing trade restrictions.
To cut costs and avoid heavy tariffs, Aritzia has begun reducing its reliance on Chinese manufacturing. By spring 2026, it plans to source only a small percentage of its products from China. This shift should help the company maintain profitability while keeping prices competitive.
Financially, Aritzia’s first-quarter numbers paint a promising picture. The retailer’s net income rose sharply to $42.4 million, up from $15.8 million last year. That’s about 36 cents per diluted share, more than double the 14 cents reported in the previous year’s first quarter.
The overall revenue grew 33% to reach $663.3 million by June 1. This boost was driven by both physical store openings and increased online sales. In the last year, Aritzia launched 13 new boutiques, contributing to a 34.2% rise in in-store revenue, now totalling $480.3 million.
Meanwhile, its e-commerce business didn’t lag behind. Online sales climbed 30% to $183 million, up from $140.8 million in the same quarter last year. Together, these numbers reflect a balanced and growing retail model that serves both physical shoppers and digital buyers.
On an adjusted basis, net income reached $49.3 million, almost doubling from $25 million a year earlier. Adjusted earnings per share hit 42 cents, up from 22 cents.
The results reinforce Aritzia’s momentum as it cements its presence in the U.S. and responds smartly to global economic challenges.
