August 11, 2021 Canada Goose Loss Grows in Q1, but Guidance Maintained
Comprehensive loss expanded to C$58.4 million ($47.6 mm) in its fiscal first quarter from C$48.1 million, while revenue grew 116% to C$56.3 million ($45.9 mm) from C$26.1 million with positive sales across channels and regions. Vulcabras Bounces Back in Second Quarter
Net income was BRL 91,505,000 ($17.3 mm), a return to the black for Under Armour’s Brazilian partner after last year’s loss of 75,354,000, as the top line recovered 305% to BRL 399,412,000 ($75.4 mm) over BRL 98,681,000, and 22% over Q2 ’19.
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