Canada Goose: Fiscal Q1 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:16 AM ET
Last Updated - Aug 01, 2024, 10:16 AM EDT
TORONTO (AP) — TORONTO (AP) — Canada Goose Holdings Inc. (GOOS) on Thursday reported a loss of $56.6 million in its fiscal first quarter.
The Toronto-based company said it had a loss of 59 cents per share. Losses, adjusted for non-recurring costs, came to 58 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 60 cents per share.
The high-end coat maker posted revenue of $64.4 million in the period.