Aritzia (OTC:ATZAF) Reports Impressive Q2 Earnings, Driven by U.S. Market Expansion

Font: Financial Modeling Prep  • Oct 09, 2026

• Aritzia surpassed analyst expectations for both earnings per share and revenue in its latest quarter.
• The company's net income saw a substantial increase, significantly boosted by tariff refunds.
• Strong U.S. market performance and robust digital sales growth were key drivers of the overall revenue expansion.

Aritzia (OTC:ATZAF) sells women’s clothing through stores and online. The Canadian retailer reported earnings per share of $0.95, above the $0.76 estimate. Revenue was $843.90 million, also ahead of the $809.50 million estimate.

Second-quarter net income rose 204.2% to C$201.70 million from C$66.30 million a year earlier. That increase included C$97.40 million in tariff refunds, which helped lift profit. Reported revenue rose 44.1% to C$1.17 billion, while comparable sales—sales from existing stores and digital operations—grew 34.5%.

U.S. revenue climbed 60.3% to C$779.40 million and made up 66.6% of total revenue. Canadian revenue rose 19.8% to C$390.40 million. Digital revenue increased 67.7% to C$402.90 million, while retail revenue grew 34.1% to C$766.90 million.

Aritzia now expects fiscal 2027 revenue growth of 29% to 32%, with stronger U.S. sales supporting the higher outlook, as highlighted by The Wall Street Journal. CEO Jennifer Wong points to demand for Summer and Fall collections, inventory levels, and spending on stores, digital operations, and marketing.

Following the earnings report, Aritzia shares gained about 16% in morning trading in Toronto and about 15% on the U.S. over-the-counter market. ATZAF trades at 28.3 times earnings and 3.2 times sales. Its current ratio is 1.31, meaning current assets are 1.31 times current liabilities.