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.

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