Aritzia unveiled a five-year strategic plan targeting net revenue of C$9.5 billion to C$10.5 billion by fiscal 2032. The target represents compound annual growth of 15% to 17%. The company also aims to expand its adjusted EBITDA margin to 21%. It expects earnings per share to grow faster than revenue.
The strategy rests on four pillars: increasing brand awareness, expanding its geographic footprint, sustaining digital growth and broadening its product assortment.
The United States will remain Aritzia’s primary growth market. The company plans to open 12 to 14 new boutiques annually. It aims to reach 220 stores by 2032.
Aritzia is targeting C$4.1 billion to C$4.5 billion in North American e-commerce revenue. Product-line expansion is expected to add C$1.5 billion in revenue.