Canada Goose jumps 16% after the company reports growth surge in China

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Canada Goose Holdings Inc 뉴스

Canada Goose Holdings Inc,Breaking News: Business,Retail Industry

Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.

CA$358 million , which may not compare with the CA$315.5 million expected by LSEG.Neil Bowden, Canada Goose's chief financial officer, said on an earnings call with analysts that store comparisons were "relatively flat," but year-over-year sales growth for the period was led by locations in Greater China — the region comprising Mainland China, Hong Kong, Macau and Taiwan — which saw a 29.7% increase. The broader Asia-Pacific region excluding Greater China was up 29.

Bowden said the growth was supported by domestic shopping on the Chinese mainland, as well as mainland tourists driving "strong growth" in Hong Kong and Macao.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Canada Goose jumps 16% after the company reports growth in ChinaShares of Canada Goose surged 16% on Thursday after reporting better-than-expected revenue and earnings for its fiscal fourth quarter.
출처: nbcchicago - 🏆 545. / 51 더 많은 것을 읽으십시오 »