Canada Goose Sells More Winter Coats in North America and China, and Stock Jumps
GOOSCanada Goose(GOOS) investopedia.com·2024-05-16 23:35

Shares of Canada Goose Holdings (GOOS) soared in intraday trading Thursday after the maker of fashion winter outerwear posted better-than-expected results as demand rebounded in North America and grew strongly in China. The company reported fiscal 2024 fourth-quarter adjusted earnings per share (EPS) of 19 Canadian cents ($0.14), with revenue rising 22.1% to C$358.0 million. Both were better than forecasts. Sales in North America jumped 24.5% to C$152.8 million after declining 13.6% in the previous quarter ...