Aritzia's profit soared 72% in Q3 as its ecommerce net revenue spiked
- Aritzia Inc. Reported a net income increase of almost 72 percent, totaling $74.1 million compared to $43.1 million last year.
- The company's net revenue rose by 11.5 percent year-over-year to $728.7 million.
- Aritzia's e-commerce net revenue spiked by 14 percent, contributing to record-breaking holiday sales.
- For the fiscal year, Aritzia expects revenue growth of roughly 15 percent, between $2.67 billion and $2.69 billion.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left5Leaning Right3Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 20%
R 30%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage