Aritzia lays out revenue targets, U.S. expansion plans in 5-year outlook
VANCOUVER - Aritzia Inc. has outlined its five-year strategic plan, projecting a net revenue growth to between $9.5 billion and $10.5 billion in 2032. The retailer anticipates a compounded annual growth rate of 15 to 17 percent. Jennifer Wong, Aritzia's CEO, highlights the strong performance of the U.S. market as the primary growth driver, with plans to open 12 to 14 new stores annually by the end of 2032.
Aritzia aims to expand its global presence beyond Canada and the U.S., diversifying its product offerings to cater to a broader customer base. The company expects earnings per share growth to surpass revenue growth.
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