Categories Earnings, Retail

Canada Goose (GOOS): Q2 2020 Earnings Snapshot

—  Canada Goose Holdings Inc. (NYSE: GOOS) reported second-quarter 2020 earnings of CAD 0.57 per share, vs. CAD 0.47 per share expected.

— Total revenue rose 28% CAD 294 million, vs. CAD 268 million expected.

— Revenue from Asia nearly doubled to $48.9 million, while in the United States, sales rose 38.5% on a constant currency basis.

— The company reiterated its outlook for fiscal 2020. For this period, Canada Goose expects annual revenue growth of at least 20% along with annual growth in adjusted EPS of at least 25%.

— GOOS shares gained 7.5% immediately following the announcement.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Also Read:  KR Earnings: All you need to know about Kroger Q2 2020 earnings results

Most Popular

COVID-19 drove retailers up the digital path years ahead than anticipated

Earlier we looked into how, during the COVID-19 pandemic, retailers saw changing trends in terms of their assortments and how the acceleration of online shopping led many of them to

Snowflake (SNOW) creates a record as the most successful software IPO ever; stock more than doubles

Data is at the heart of business innovation. Recognizing this trend, companies are seeking ways to transform their businesses by capturing, analyzing, and mobilizing data. The public cloud is becoming

Adobe (ADBE) sees new tailwinds as virtual shift gathers steam

The second half has been highly rewarding for design software maker Adobe Inc. (NASDAQ: ADBE) amid stable demand for digital content solutions. The company has remained unaffected by the virus-related

Top