Canada Goose beats revenue estimates on steady China demand

Canada Goose Holdings

07/11/2024 11:48

Nov 7 (Reuters) - Canada Goose Holdings  GOOS.TO 
 GOOS.N  beat Wall Street estimates for quarterly revenue on
Thursday, as steady demand for its pricey puffer jackets in key
luxury goods market China cushioned bleak U.S. sales.
    The company's second-quarter revenue fell to C$267.8 million
 ($193 million), from C$281.1 million a year earlier. 
    Analysts on average had expected revenue of C$260.2 million,
according to data compiled by LSEG.
   

($1 = 1.3888 Canadian dollars)

 (Reporting by Aatrayee Chatterjee in Bengaluru; Editing by
Sriraj Kalluvila)
 ((Aatrayee.Chatterjee@thomsonreuters.com))