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Article Date: June 2020
Word Count: 499

Canada Goose Profit Gains in Q4 on Lower Sales


Comprehensive income was C$7.3 million ($5.4 mm) compared to C$6.0 million for the final quarter ended Mar. 29 as sales declined a modest 10% during the pandemic to C$140.9 million ($104.2 mm) from C$156.2 million, which included a 7% shortfall in DTC sales to C$114.2 million against C$122.4 million and a 24% dip in wholesale to C$25.0 million from C$33.0 million. Other revenue, which includes the new PPE making, more than doubled to C$1.7 million. For the year, GOOS sales were up 16% to C$958.1 million ($708.3 mm) from C$830.5 million with comprehensive income of C$154.5 million ($114.2 mm) compared ... Log in to view full article.

 


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