Aritzia Q1 Net Revenue C$462.7M, Up 13.4%; Net Income C$17.5M, Down 47.5%
Portfolio Pulse from Benzinga Newsdesk
Aritzia reported Q1 net revenue of C$462.7M, up 13.4% from the previous year. However, its net income was C$17.5M, down 47.5% compared to the same period last year.
July 11, 2023 | 8:02 pm
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Aritzia's Q1 results show mixed performance with increased revenue but decreased net income.
Aritzia's Q1 results show a significant increase in revenue, which is a positive sign. However, the substantial decrease in net income could be a concern for investors, potentially indicating increased costs or decreased efficiency. The mixed results make it difficult to predict the short-term impact on the stock price.
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