Canada Goose cuts annual profit forecast on feeble demand in crucial market China
Canada Goose Holdings trimmed its annual profit forecast and missed market estimates for third-quarter revenue on Thursday due to choppy sales in China, a key market for luxury goods, sending its shares down 4% in morning trading.
Canada Goose Misses Third-Quarter Revenue Estimates on Choppy China Demand
Weak consumer spending in China has been a major concern for the luxury goods industry, slowing demand recovery in the region, significantly impacting brands like Canada Goose. The company's third-quarter revenue fell to C$607.9 million ($423.59 million), from C$609.9 million a year earlier.
The Toronto-based brand also benefited by its increased focus on non-cold weather categories including apparel and ...
The stock of Canada Goose Holdings (GOOS) is down 6% after the maker of winter parkas delivered quarterly financial results ...
The Canadian Press on MSN16h
Canada Goose’s Q3 profit up as it remains ‘ruthlessly focused’ on headcount, costsTORONTO - Canada Goose Holdings Inc.'s third-quarter profit ticked higher as the company worked to make its operations "more ...
Lohud.com, Westchester County on MSN10h
Bird flu case confirmed in Rockland; Canada goose first in county to test positiveBird flu is widespread in wild birds worldwide and is causing outbreaks in poultry and dairy cows with several recent human ...
Canada Goose reported solid gains in its DTC (direct-to-consumer) business in North America in its fiscal third quarter ended ...
Canada Goose reported third-quarter revenue of 607.9 million Canadian dollars ($423.97 million). The company reported ...
Brooke Roach, Goldman Sachs: Inquired about brand resonance with Chinese consumers and the competitive environment. Carrie Baker noted strong responses to Snow Goose, with two-thirds of buyers being ...
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