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Article Date: February 2019
Word Count: 412

Canada Goose Keeps Momentum Going in FQ3


Net income increased by 64% to C$103.4 million ($79.8 mm) from C$63.0 million in fiscal Q3 ended Dec. 31, as revenues increased 50% to C$399.3 million ($308.1 mm) from C$265.9 million. A higher proportion of customers purchasing product earlier in the second half of FY2019 relative to the same period of FY2018 had a positive impact on growth. DTC revenue increased by 79% to C$235.3 million from C$131.7 million, driven by incremental revenue from five new retail stores and one new e-commerce site, with continued strong performance from retail and e-commerce. Wholesale revenue increased by 22.2% to C$164 million from ... Log in to view full article.

 


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