Canada Goose cuts annual profit forecast on feeble demand in crucial market China
Canada Goose Holdings trimmed its annual profit forecast and missed market estimates for third-quarter revenue on Thursday due to choppy sales in China, a key market for luxury goods, sending its shares down 4% in morning trading.
Canada Goose Misses Third-Quarter Revenue Estimates on Choppy China Demand
Weak consumer spending in China has been a major concern for the luxury goods industry, slowing demand recovery in the region, significantly impacting brands like Canada Goose. The company's third-quarter revenue fell to C$607.9 million ($423.59 million), from C$609.9 million a year earlier.
The Toronto-based brand also benefited by its increased focus on non-cold weather categories including apparel and ...
The stock of Canada Goose Holdings (GOOS) is down 6% after the maker of winter parkas delivered quarterly financial results ...
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Bird flu case confirmed in Rockland; Canada goose first in county to test positiveBird flu is widespread in wild birds worldwide and is causing outbreaks in poultry and dairy cows with several recent human ...
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Canada Goose’s Q3 profit up as it remains ‘ruthlessly focused’ on headcount, costsTORONTO - Canada Goose Holdings Inc.'s third-quarter profit ticked higher as the company worked to make its operations "more ...
Canada Goose reported solid gains in its DTC (direct-to-consumer) business in North America in its fiscal third quarter ended ...
Reports Q3 revenue C$607.9M vs. C$609.9M last year. “Our Q3 results highlight the power of strong execution during a key consumer shopping ...
Canada Goose Holdings sees slight sales decline but sequential improvement in Q3 2025. Click here to find out why I maintain a Hold rating on GOOS stock.
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