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  5. ATZ: Any idea what is behind the recent decline since decent quarterly earnings were released? [Aritzia Inc. Subordinate Voting Shares]
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Q: Any idea what is behind the recent decline since decent quarterly earnings were released? Is this profit taking?
Asked by Steven on October 17, 2024
5i Research Answer:

There is likely some profit taking; the stock is still up 59% this year. But its Q3 revenue guidance did miss estimates, and this caused some concern, due to weakness in retail sales in Canada. 

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