Aritzia says it expects net revenue of between $9.5 billion and $10.5 billion in its 2032 financial year under a five-year strategic plan.
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Aritzia Inc. says it expects to grow its net revenue to between $9.5 billion and $10.5 billion in its 2032 financial year as part of its five-year strategic plan.
The company says the target represents a 15 per cent to 17 per cent compounded annual growth rate and that earnings per share growth is expected to outpace revenue growth.
Aritzia CEO Jennifer Wong says the company’s business in the United States is delivering what she described as “exceptional results” and will remain its primary growth market.
The retailer says it plans to open 12 to 14 stores annually in the United States through its 2032 financial year while also looking to expand its reach beyond Canada and the United States.
Aritzia adds that it is planning to expand the breadth of its offerings for customers as it pursues its long-term ambition of becoming well known around the world.
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