Canada Goose Holdings Inc
GOOS
ISIN CA1350861060 / Valor 35766041
Canada Goose Holdings Inc
UMushroom community rating:
About company
Canada Goose Holdings Inc is a Canadian luxury apparel company known for its high-quality outerwear, including down jackets and parkas. The company also offers a range of other cold-weather clothing and accessories.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (14.08.2024):
Revenue Growth
Canada Goose Holdings Inc. reported a 6% year-over-year increase in total revenue for the third quarter of fiscal 2024, reaching $609.9 million. This growth was driven by a 14% increase in Direct-to-Consumer (DTC) revenue, which amounted to $514.0 million, primarily due to higher in-store retail sales.
Net Income
For the third quarter of fiscal 2024, Canada Goose Holdings Inc. reported a net income of $131.4 million. This figure reflects a slight decrease compared to the net income of $134.9 million reported in the same period of the previous year.
Adjusted EBIT
Canada Goose Holdings Inc. achieved an adjusted EBIT of $207.2 million in the third quarter of fiscal 2024, up from $197.1 million in the prior year period. This increase was attributed to higher gross profit, despite higher selling, general, and administrative expenses.
Geographical Performance
In the third quarter of fiscal 2024, Canada Goose Holdings Inc. saw a significant 62% year-over-year revenue growth in the Asia Pacific region. However, revenue declined by 26% in the EMEA region and by 14% in North America, primarily due to a decrease in e-commerce and wholesale revenue.
Outlook for Q4 Fiscal 2024
Looking ahead, Canada Goose Holdings Inc. expects total revenue for the fourth quarter of fiscal 2024 to be between $310 million and $330 million. The company also anticipates non-IFRS adjusted EBIT to range from $14 million to $27 million, and non-IFRS adjusted net income per diluted share to be between $0.02 and $0.13.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
658 M
Market cap (USD)
193,753
Daily traded volume (Shares)
14.75 / 14.33
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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