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home / articles / GOOS - Why Winter Clothing Maker Canada Goose's Shares Are Plunging Today | Benzinga


GOOS - Why Winter Clothing Maker Canada Goose's Shares Are Plunging Today | Benzinga

Canada Goose Holdings Inc (NYSE: GOOS) reported second-quarter FY2024 sales growth of 1% year-on-year to C$281.1 million. Revenue of $209.54 million missed the consensus of $279.86 million.

DTC revenue grew 15% Y/Y, and Wholesale revenue decreased 10%.

Gross profit rose 8% Y/Y to C$179.5 million, with the margin expanding to 63.9% from 59.8% a year earlier.

The operating income for the quarter fell to C$2.3 million from C$21.5 ...

Full story available on Benzinga.com

Stock Information

Company Name: Canada Goose Holdings Inc. Subordinate
Stock Symbol: GOOS
Market: NYSE
Website: canadagoose.com

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