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Article Date: May 2023
Word Count: 492

Canada Goose Guides for 21% Growth


Net loss expanded 10% to C$10.0 million ($7.4 mm) from C$9.1 million on top line growth of 31% (+30% CC) in its final fiscal quarter ended Apr. 2, to C$293.2 million ($216.9 mm) from C$223.1 million. The bottom line was pulled down by net interest, finance and other costs that tripled to C$21.8 million, more than offsetting gains in operating income to C$17.2 million compared to C$0.9.

 

DTC sales increased 23% to C$227.5 million on 10 store openings and a +6.9% comp, which more offset e-commerce declines as customers returned to in-store ... Log in to view full article.

 


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