Canada Goose Wholesale Returns to Growth in Q4
Net income was up 18% to C$32.7 million ($23.9 mm) from C$27.7 million for the fiscal fourth quarter on a matching revenue increase of 18% to C$453.3 million ($330.9 mm) from C$384.6 million as direct-to-consumer sales grew 15% to C$361.7 million. DTC posted gains across all regions, with a blended comp of +10.0% led by e-commerce and complemented by store performance. GOOS has now completed its 3-year-long wholesale reset, and sales in the channel jumped 54% to C$49.1 million. EMEA and APAC led wholesale growth, supported by early shipments of spring/summer ... Log in to view full article.