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Aritzia raised its revenue expectations for fiscal 2027 after stronger U.S. sales supported higher profit and revenue. The Canadian retailer said the new outlook implies revenue growth of 29% to 32% from the prior year.
Dow Jones’ 5 p.m. ET roundup highlights a series of company updates, including Microsoft’s new Xbox unit, PepsiCo’s outlook cut, Viatris’ planned Pacira BioSciences acquisition and Samsung’s profit outlook.
Aritzia raised its full-year outlook after a surge in second-quarter profit and sales, citing strong demand for its fall apparel line and U.S. expansion.