Aritzia Targets 15-17% Annual Growth, CAD$10.5B Revenue by FY2032
ATZAF sits 65% above its 52-week low of $65.6.
Summary
Aritzia laid out a five-year plan through fiscal 2032 that targets CAD$9.5-10.5B in revenue, a 15-17% compound annual growth rate from 2027, with the U.S. as the primary growth market. Management aims for a 21% adjusted EBITDA margin, up 100 basis points, and EPS growth faster than revenue. The plan calls for 12-14 new boutiques and 5-7 repositionings a year, reaching 220 boutiques by FY32, plus CAD$4.1-4.5B in North American digital revenue and about $1.5B from new product categories. It also commits roughly CAD$2B in net capital spending over five years and about CAD$2B in buybacks, returning half of free cash flow to shareholders. The targets are ambitious for a retailer of this size and set a high bar for execution; the Investor Day in New York on Tuesday is the next venue for detail.
At the time of this announcement, ATZAF was trading at $108.15 on OTC in the Trade & Services sector, with a market capitalization of approximately $12.2B. The 52-week trading range was $65.60 to $124.48. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Seeking Alpha.