Canada Goose Plans Focus on Profits Next Year
Net income ticked down 4% to C$138.0 million ($189.0 mm) from C$143.6 million as revenue posted a 14% (+13% CC) gain to C$694.5 million ($951.4 mm) over C$607.9 million for the fiscal third quarter ended Dec. 28. Dorect-to-consumer was up 14% to C$591.0 million, comping up 6.3% on double-digit gains in APAC and North America, with contributions from both brick-and-mortar and e-commerce and gains across all major categories. Wholesale posted 17% growth to C$88.3 million on favorable timing shifts as delayed FQ2 deliveries were fulfilled. Leveling out the timing shifts, the ... Log in to view full article.