Aritzia Inc. reported higher-than-expected sales growth as the clothing retailer adds new clothing styles and opens new store locations.
The Vancouver-based company reported revenue of C$498.6 million ($365.7 million) for its fiscal first quarter, which ended June 2, surpassing the average analyst estimate. Sales grew 7.8 percent from a year earlier.
The company, which bills itself as “everyday luxury” and specialises in women’s apparel,…