Toronto Stocks Tumble; Aritzia Climbs Higher on 3Q Sales, Improved Fiscal Year Outlook - News Summed Up

Toronto Stocks Tumble; Aritzia Climbs Higher on 3Q Sales, Improved Fiscal Year Outlook


By Adriano MarcheseStocks in Toronto were firmly lower mid-trading on Thursday in step with global markets. Most Canadian sectors were lower in the session, led by losses primarily in process industries, tech and utilities. Shares in Aritzia were nearly 20% higher at 31.72 Canadian dollars ($23.70) after the Canadian retailer reported higher sales in its fiscal third quarter, bucking the trend of a difficult retail environment, and narrowed its sales outlook for the full-year. Shares were 5.8% lower at C$10.32 after coming down from a high of C$12.40 earlier in the morning. Write to Adriano Marchese at adriano.marchese@wsj.com(END) Dow Jones NewswiresJanuary 11, 2024 12:15 ET (17:15 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.


Source: Wall Street Journal January 12, 2024 00:55 UTC



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