Skip to main content
Canada’s most-awarded newsroom for a reason
Enjoy unlimited digital access
$1.99
per week
for 24 weeks
Canada’s most-awarded newsroom for a reason
$1.99
per week
for 24 weeks
// //

Canada Goose Holdings Inc TSX: GOOS-T

Today's Change
Volume
Real-Time Last Update TSX Last Sale

More stories below advertisement

Canada Goose reports Q1 revenue more than doubled compared with last year

Canadian Press - Wed Aug 11, 7:02AM CDT

TORONTO — Canada Goose Holdings Inc. reported a net loss of $56.7 million in its latest quarter as its revenue more than doubled compared with a year ago.

The maker of luxury winter parkas says the loss amounted to 51 cents per diluted share for the quarter ended June 27, compared with a loss of $50.1 million or 46 cents per diluted share in the same quarter last year.

Revenue in what was the company's first quarter totalled $56.3 million, up from $26.1 million a year ago.

Canada Goose says global e-commerce revenue rose 80.8 per cent.

On an adjusted basis, the company says it lost 45 cents per diluted share, compared an adjusted loss of 35 cents per diluted share in the same quarter last year.

Analysts on average had expected an adjusted loss of 54 cents per share and $49.7 million in revenue, according to financial market data firm Refinitiv.

This report by The Canadian Press was first published Aug. 11, 2021.

Companies in this story: (TSX:GOOS.TO)

More stories below advertisement

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2021.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies