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Here's Why Aritzia Inc. (TSX:ATZ) Is the Top Clothing Stock This Summer | The Motley Fool Canada

Aritzia has moved to increase its investment in its e-commerce platform going forward. SG&A expenses rose 2.8% in fiscal 2018 to $183.9 million. The company has projected that SG&A will continue to grow largely because of its commitment to improving this platform. With online sales posting steady growth across the industry, this is a sound investment. The growth strategy at Aritzia is reliant on its e-commerce performance. Aritzia’s target market of females between the ages of 15-45 are internet-savvy and should provide ample opportunity for the company to strengthen this side of its business. Aritzia released its fiscal 2018 fourth-quarter and full-year results on May 10. In the fourth quarter, revenue rose 11.9% year-over-year to $219.8 million and adjusted EBITDA increased 18% to $38.1 million. Adjusted net income also climbed 23% to $22.5 million, or $0.19 per diluted share. Aritzia was powered by one new store addition in the fourth quarter and aforementioned e-commerce growth.

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