04:48 PM EST, 01/09/2025 (MT Newswires) -- Aritzia ( ATZAF ) on Thursday said its fiscal second-quarter adjusted profit rose 58% on higher sales.

The clothing retailer said it adjusted profit, excluding most one-time items, rose to $83 million, or $0.71 per share, in the quarter ended Dec.1, from $52.7 million, or $0.47, in the year-prior period.

Revenue rose 12% to $728.7 million from $653.52 million, including a 24% rise in revenue from the United States to $403.7 million.

Adjusted EBITDA rose 19% to $136.43 million.

"We delivered a 12% increase in net revenue compared to the third quarter of Fiscal 2024, as we drove accelerated momentum in eCommerce and executed on our real estate expansion strategy, including the opening of two brand-propelling flagships, one in SoHo and one on Michigan Avenue. We are particularly pleased with the outstanding performance of our business in the United States where net revenue increased 24%, illustrating the strength of the Aritzia brand and growing affinity for our Everyday Luxury offering," chief executive Jennifer Wong said in a release.

The company said it expects fiscal fourth-quarter revenue of between $830 million and $850 million. It forecast a rise in its gross profit margin in the quarter of 400 basis points, with a drop of 100 basis points in SG&A expenses to 200 basis points.

For its fiscal 2025 period, Aritzia ( ATZAF ) sees revenue of around $2.68 billion, up 15% from fiscal 2024, with a gross profit margin 450 basis points above the prior year.

Aritzia ( ATZAF ) shares closed down $0.05 to $56.99 on the Toronto Stock Exchange.