The Vancouver-based clothing retailer reported net income of $201.7 million in the quarter that ended in August, up 204 per cent from the $66.3 million reported this time last year, thanks to stronger-than-expected uptake in its app and high foot traffic in stores. (The Logic)

Talking point: Investors super-puffed Aritzia’s stock price on Friday, with shares up 21 per cent at market close. The company saw a record second-quarter adjusted profit margin, despite pressures from trade tariffs applied to shipments. That profit margin excluded $97 million in tariff refunds Aritzia received during the quarter. The company also raised its adjusted gross profit margin outlook, anticipating lower tariff impact next quarter. Meanwhile, Aritzia is planning more 10,000-foot stores, up from its average of 6,000 feet a decade ago. The company expects to hit revenue of $1.28 billion to $1.33 billion next quarter, up from $1.04 billion the previous year.

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