— 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.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
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