The Globe and Mail reports in its Friday edition that Canaccord Genuity analyst Luke Hannan has reaffirmed his "buy" recommendation for Aritzia. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Hanna gave his share target an $11 boost to $95. Analysts on average target the shares at $$87.40. Mr. Hannan describes Aritzia's fiscal first quarter results as a "clean beat and raise." Aritzia posted quarterly earnings results Thursday evening that came in ahead of expectations across the board. Net revenue of $663-million beat Canaccord's $641-million forecast and the consensus estimate of $639-million, while adjusted earnings before interest, taxes, depreciation and amortization of $95-million similarly beat the consensus and his estimate of $89-million. Mr. Hannan says in a note: "Aritzia's outlook for both Q2/F26 and F2026 indicate momentum remains strong. For Q2/F26, revenue is expected to be $730-million to $750-million (consensus: $744-million), reflecting YoY growth of 19 to 22 per cent. Gross margin is expected to increase by 100 bps YoY, while SG&A as a percentage of revenue is expected to fall by 100 bps YoY; the 200 bps of operating margin expansion is well ahead of consensus flattish expectation."