A rendition of Canada Goose's London store, its largest to date.
Shares of Canada Goose Holdings Inc. jumped 12.6 percent in pre-market trading after the company bested fourth-quarter consensus estimates in its first quarterly report as a public firm.
For the quarter ended March 31, the company posted a net loss of loss 23.3 million Canadian dollars or $20.7 million, or diluted EPS of 23 Canadian cents or 20 cents. That compares with a net loss of 9.9 million Canadian dollars, or $8.8 million, or diluted EPS of 9 Canadian cents or 8 cents, a year ago. On an adjusted basis, the net loss was 15 Canadian cents, or 13 cents, versus a loss of 8 Canadian cents, or 7 cents, a year ago. Revenues rose 21.9 percent to $51.1 million Canadian dollars, or $45.5 million, from 41.9 million Canadian dollars, or $37.3 million, a year ago. All conversions are at current exchange.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)