The Canada Brief

Economy · 6 d ago

Vancouver skyline

Geordie.birch · CC BY-SA 4.0 · Wikimedia Commons

Aritzia targets up to $10.5 billion in revenue by 2032

Yearly growth rate through 2032

15–17 %

The Vancouver-based retailer expects net revenue of $9.5 billion to $10.5 billion in its 2032 financial year, a compounded annual growth rate of 15 to 17 per cent.

Aritzia plans to open 12 to 14 stores a year in the United States through 2032 and aims for 220 stores in total by the end of that year.

Second-quarter net income

201.7 $ million

Earlier this month, the company said its second-quarter net income rose 204 per cent from a year ago, to $201.7 million.