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Canada Goose beats revenue estimates on steady China demand
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Canada Goose beats revenue estimates on steady China demand
Nov 9, 2024 12:02 PM

Nov 7 (Reuters) - Canada Goose Holdings ( GOOS )

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)

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