Sunday Article on Canada Goose
Canada Goose: Growth Prevails
Canada Goose, the Canadian outerwear company, just released strong second-quarter results that fared at 28% y/y revenue growth rate. Direct revenues, meanwhile, grew 47% y/y.
Earnings per share also jumped 20% y/y.
Canada Goose has found success in diversifying its product lineup beyond its iconic winter jackets, potentially making the business far less susceptible to seasonal swings.
Despite strong results, shares fell ~10% on an earnings call warning that wholesale revenues would decline in Q3 due to timing of holiday orders.