04:37 PM EST, 01/08/2026 (MT Newswires) -- Aritzia ( ATZAF ) after trade Thursday, said its fiscal third-quarter adjusted profit rose on higher sales.
The clothing retailer said its adjusted profit, excluding most one-time items, rose to $131.2 million, or $1.10 per share, in the quarter ended Nov.30, up from $83 million, or $0.71, a year ago. FactSet expected $0.89 per share.
Revenue rose 43% to $1.04 billion from $728.7 million in the year-ago quarter, "driven by strong comparable sales growth and the company's new and repositioned boutiques, Aritzia ( ATZAF ) said. FactSet projected revenue of $934.2 million.
"Our performance was fueled by unparalleled demand for our Everyday Luxury offering. This was driven by our digital initiatives, which included the launch of our App, our new boutique openings and our strategic marketing investments," Chief Executive Jennifer Wong said.
The company said it expects fourth-quarter net revenue to be between $1.10 billion and $1.125 billion. Gross margin is projected to be flat to up 50 basis points compared with the same quarter last year. Selling, general, and administrative expenses as a percentage of revenue are expected to be flat to down 50 basis points year over year.
For fiscal 2026, net revenue is expected to be between $3.615 billion and $3.640 billion. This includes 13 new boutiques and four repositioned boutiques, with most of the expansion in the United States, the company added.
Aritzia ( ATZAF ) shares closed up $1.45 to $125.25 on the Toronto Stock Exchange. The shares have gained 120% over the past 12 months.