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Sunday Article on Canada Goose
Nov 17, 2019 15:00 ET
Comments: Canada Goose: Growth Prevails
Summary
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.