- Canada Goose Holdings Inc. (GOOS) released their financial results for the third quarter ended December 27, 2020
- Dani Reiss, President & CEO is encouraged by the company’s year-end momentum
- Dani remarked that the strength of the company’s Canada Goose brand has led to growth in the third quarter
- Canada Goose is a lifestyle brand and a leading manufacturer of performance luxury apparel
- Canada Goose (GOOS) is up 1.02 per cent, trading at C$55.51 at 3:45 pm EST
Canada Goose Holdings Inc. (GOOS) released their financial results for the third quarter ended December 27, 2020.
Highlights
- Global e-Commerce revenue increased by 39.3 per cent from Q3, F2020
- Total revenue increased to C$474.0 million from C$452.1 million in Q3, F2020
- Operating income was C$153.3 million, an operating margin of 32.3 per cent
- Net income was C$107.0 million, or C$0.96 per diluted share
- Gross profit of C$316.4 million
- Non-IFRS adjusted EBIT margin 33.3 per cent
“The global strength of our brand and digital business has returned Canada Goose to growth in our biggest quarter. Through HUMANATURE, we are also rapidly advancing our sustainability and purpose-based commitments,” said Dani Reiss, President & CEO.
“While we remain in an uncertain world, we are very encouraged by our strong momentum as we finish the fiscal year.”
Founded in 1957 in a small warehouse in Toronto, Canada Goose is a lifestyle brand and a leading manufacturer of performance luxury apparel.
Canada Goose (GOOS) is up 1.02 per cent, trading at C$55.51 at 3:45 pm EST.
