By  on June 2, 2017
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.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus