Aritzia brought in record net revenue during the fiscal third quarter, with half of its net sales coming from the United States. Read on.
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The clothing retailer that specializes in “everyday luxury” said it generated $625 million in net revenue for the three-month period ended Nov. 27, representing 38-per-cent growth from a year earlier. Net income increased nearly nine per cent to $70.7 million, or 61 cents per diluted share, up from last year’s $64.9 million which amounted to 56 cents per share. Analysts expected net sales of $585.
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