Shares in the Vancouver-headquartered clothing retailer fell almost six per cent after it released its second-quarter earnings report Thursday. Net revenue compared to the previous year increased 15 per cent to $615.7 million, but fell short of average analyst estimates. (The Logic)

Talking point: U.S. sales at the puffy-jacket purveyor rose 24 per cent in the second quarter, eclipsing Canada’s meagre six per cent sales growth, due to a “challenging macro environment,” CFO Todd Ingledew said in an earnings call. Canadian consumers tightened their wallets this summer, with retail sales falling 0.37 per cent from March and July, according to Statistics Canada data. That hasn’t stopped the company from pushing ahead on other fronts: Aritzia has been rapidly expanding its store footprint in the U.S., and heavily investing in technology, including a new mobile app. In light of a so-called “softer” Canadian market, Aritzia will continue to accelerate its expansion in the U.S., CEO Jennifer Wong said during the earnings call. That could lead to a further divergence between the two markets.