Aritzia Inc (OTCPK:ATZAF)

$ 25.456 0.456 (1.82%) Market Cap: 2.82 Bil Enterprise Value: 3.24 Bil PE Ratio: 50.21 PB Ratio: 4.74 GF Score: 93/100

Q3 2024 Aritzia Inc Earnings Call Transcript

Jan 10, 2024 / 09:30PM GMT

Release Date Price: $19.69 (+0.46%)

Transcript

Beth Reed Aritzia Inc.;VP

(audio in progress) As well as risk and factors that could affect our future performance and our ability to deliver on the forward-looking information. Our earnings release, the related financial statements, and the MD&A are available on SEDAR, as well as the Investor Relations section of our website. Following prepared remarks, in order to give everyone the opportunity to have their questions addressed, please limit yourself to one question and a related follow-up.

I'll now turn the call over to Jennifer.

Jennifer Wong Aritzia Inc.;CEO

Thanks, Beth. Good afternoon, everyone. Happy New Year, and thank you for joining us today. For the third quarter of fiscal 2024, we delivered net revenue of $654 million, an increase of 5%, compared to the third quarter of fiscal 2023. This is on top of delivering outstanding revenue growth of 38% in the third quarter last year, and 63% in the third quarter of fiscal 2022.

Comparable sales growth increased 0.5% for the quarter on top of a remarkable

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