Categories Earnings, Retail

Canada Goose Holdings (NYSE: GOOS): Q3 2020 Earnings Snapshot

— Canada Goose Holdings Inc. (NYSE: GOOS) reported its third-quarter 2020 adjusted earnings of CAD1.08 per share versus CAD1.07 per share expected.

— Total revenue grew by 13% to CAD452.1 million versus CAD448.18 million expected.

Earnings Update by AlphaStreet

— DTC revenue jumped by 28% driven by incremental revenue from new retail stores. Retail revenue in Hong Kong was severely impacted by disruptions to tourism and retail traffic, together with frequent reductions to regular store operating hours and unplanned store closures.

— Wholesale revenue decreased by 8% due to a higher proportion of total order shipments occurring in the first half of fiscal 2020 relative to last year.

— The coronavirus outbreak has a material negative impact on performance in the current fourth-quarter. The health crisis has resulted in a sharp decline in customer traffic and purchasing activity.

— Retail stores and e-commerce across Greater China continue to experience significant reductions in revenue. Due to global travel disruptions, retail stores in international shopping destinations in North America and Europe are also affected.

— For fiscal 2020, the company expects revenue to grow by 13.8-15% to CAD945-955 million while adjusted earnings are set to be in the CAD1.33-1.37 per share range. The consensus estimates EPS of CAD1.68 on revenue of CAD1.03 billion.

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

Most Popular

CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%

Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss

Key metrics from Nike’s (NKE) Q2 2025 earnings results

NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net

FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips

Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top