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Canada Goose Up 15% In Pre-market Following Q4 Results - Update

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

(Adds Outlook, share movement)

Shares of Canada Goose Holdings Inc. (GOOS) were trading up by 15.67 percent at $13.25 in the pre-market trade on the New York Stock Exchange following its quarterly results.

Further, for the full year, Canada Goose expects its adjusted income per share to grow by a mid-teen percentage year-over-year. Annual revenue is projected to grow in the low-single-digits year-over-year, with an around 25 percent/75 percent distribution split between first and second-half of 2025, respectively, which is relatively consistent with 2024.

Q4 Results:

Below are the earnings highlights for Canada Goose Inc.

Earnings: C$5 million in Q4 vs. -C$3.1 million in the same period last year.

EPS: C$0.05 in Q4 vs. -C$0.03 in the same period last year.

Excluding items, Canada Goose Inc. reported adjusted earnings of C$19.3 million or C$0.19 per share for the period.

Revenue: C$358 million in Q4 that rose from C$293.2 million in the same period last year.

For comments and feedback contact: editorial@rttnews.com

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