Business
Aritzia : First Quarter 2027 Management's Discussion & Analysis
Aritzia : First Quarter 2027 Management's Discussion &
About this update from Aritzia, Inc.
Aritzia Inc. MANAGEMENT'S DISCUSSION AND ANALYSIS First Quarter Ended May 31, 2026 July 9, 2026 The following Management's Discussion and Analysis ("MD&A") dated July 9, 2026 is intended to assist readers in understanding the business environment, strategies and performance and risk factors of Aritzia Inc. (together with its consolidated subsidiaries, referred to herein as "Aritzia", the "Company", "we", "us" or "our"). This MD&A provides the reader with a view and analysis, from the perspective of management, of the Company's financial results for the 13-week period ended May 31, 2026. This MD&A should be read in conjunction with the Company's unaudited condensed interim consolidated financial statements and accompanying notes for Q1 2027 (as hereinafter defined) and the audited annual consolidated financial statements and accompanying notes for Fiscal 2026 (as hereinafter defined). FORWARD-LOOKING INFORMATION Certain statements made in this document may constitute forward-looking information under applicable securities laws. Statements containing forward-looking information are neither historical facts nor assurances of future performance, but instead, provide insights regarding management's current expectations and plans and allows investors and others to better understand the Company's anticipated business strategy, financial position, results of operations and operating environment. Readers are cautioned that such information may not be appropriate for other purposes. Although the Company believes that the forward-looking statements are based on information, assumptions and beliefs that are current, reasonable, and complete, such information is necessarily subject to a number of business, economic, competitive and other risk factors that could cause actual results to differ materially from management's expectations and plans as set forth in such forward-looking information. Specific forward-looking information in this document include, but are not limited to, statements relating to: our Fiscal 2027 strategic and financial plan and anticipated results therefrom, our expectations as to the Company's Fiscal 2027 strategic and financial plan and our ability to advance the strategic growth levers underpinning our Fiscal 2027 strategic and financial plan, including geographic expansion (boutique growth, expansion and enhancements), digital gr...