Canada Goose Lowers Outlook Despite Q2 Exceeding Expectations

November 2, 2022

Canada Goose Holdings, Inc. reported results for the second quarter ended October 2 that easily topped analyst estimates, but the company reduced its outlook for the year due to weakness in China and the uncertain global macroeconomic climate.

Earnings in the second quarter were 22 cents a share, topping the consensus analyst estimate of 4 cents. Revenue for the quarter came in at $277.2 million versus the consensus estimate of $203.59 million. SGB Media