Aritzia Inc. announced consolidated unaudited earnings results for the third quarter and nine months ended November 26, 2017. For the quarter, the company reported net revenue of CAD 204,449,000 as compared to CAD 186,460,000 a year ago. Income from operations was CAD 39,904,000 as compared to CAD 29,844,000 a year ago. Income before income taxes was CAD 40,662,000 as compared to CAD 28,415,000 a year ago. Net income was CAD 28,073,000 as compared to net loss of CAD 8,097,000 a year ago. EBITDA was CAD 47,946,000 as compared to CAD 39,456,000 a year ago. Adjusted EBITDA was CAD 49,962,000 as compared to CAD 45,427,000 a year ago. Adjusted net income was CAD 30,595,000 as compared to CAD 27,457,000 a year ago. Adjusted net income per diluted share was CAD 0.26 as compared to CAD 0.23 a year ago. Net cash generated from operating activities was CAD 63,218,000 as compared to CAD 60,605,000 a year ago. The net revenue increase was primarily driven by the addition of seven new store openings and five expanded or repositioned stores since the third quarter of fiscal 2017, as well as comparable sales growth of 6.3%, resulting from continued momentum in the company's eCommerce business.

For the nine months, the company reported net revenue of CAD 523,463,000 as compared to CAD 470,785,000 a year ago. Income from operations was CAD 67,446,000 as compared to loss from operations of CAD 37,778,000 a year ago. Income before income taxes was CAD 61,362,000 as compared to loss before income taxes of CAD 43,943,000 a year ago. Net income was CAD 41,192,000 as compared to net loss of CAD 67,637,000 a year ago. EBITDA was CAD 82,148,000 as compared to negative EBITDA of CAD 19,060,000 a year ago. Adjusted EBITDA was CAD 94,615,000 as compared to CAD 85,383,000 a year ago. Adjusted net income was CAD 53,445,000 as compared to CAD 46,343,000 a year ago. Adjusted net income per diluted share was CAD 0.46 as compared to CAD 0.39 a year ago. Net cash generated from operating activities was CAD 66,549,000 as compared to CAD 81,926,000 a year ago.

The company provided earnings results guidance for the fiscal 2018. The company expects total capital expenditure to be between CAD 60 and CAD 65 million. The company continues to believe that for fiscal 2018, its gross profit margin will remain essentially flat with what was achieved in fiscal 2017.