Canada Goose announced that it has achieved certification under the Responsible Down Standard (RDS*). With this accreditation, the brand joins other Responsible Down Certified global manufacturers who embrace sustainability and animal welfare.
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Inside The Call: Canada Goose Shares Pop On Bullish Outlook
Shares of Canada Goose are running up about 20 percent in mid-day trading as the outerwear specialist reported second-quarter earnings topped Wall Street targets and lifted its outlook for the year. Officials also bragged that its Canadian production is helping it completely avoid the widespread supply chain challenges. Dani Reiss, president and CEO, said, “The weaknesses in unprepared supply chains have been exposed.”
Canada Goose Posts Surprise Profit, Lifts Fiscal 2022 Outlook
Canada Goose Holdings Inc. reported a profit in the second quarter ended September 26, beating Wall Street’s targets that had been calling for a loss. Total revenue increased by 19.6 percent and 40.3 percent excluding year-ago PPE sales.
Canada Goose Opens First California Store
Canada Goose opened its first retail location in California at South Coast Plaza.
Canada Goose’s Debt Ratings Outlook Upgraded
S&P Global Ratings revised its debt rating outlook on Canada Goose Holdings Inc. to positive from stable. S&P said Canada Goose’s operating performance for fiscal 2021 was healthier than its previous expectation because of stronger consumer demand and better recovery post easing of restrictions.
Canada Goose Establishes Automatic Share Purchase Plan
Canada Goose Holdings Inc. announced that, in connection with its previously announced normal course issuer bid (NCIB” to purchase up to 5.94 million of its subordinate voting shares, it recently entered into an automatic share purchase plan (ASPP) with the designated broker responsible for the NCIB.
Canada Goose Launches Share Repurchase Program
Canada Goose Holdings Inc. announced that the Toronto Stock Exchange (TSX) has approved a normal course issuer bid (NCIB) providing for the purchase for cancellation of up to 5.94 million subordinate voting shares of Canada Goose.
Inside The Call: Canada Goose Not Concerned About Going Fur Free
On its first-quarter conference call, Canada Goose officials discussed the company’s strong digital momentum, the benefits Canadian manufacturing is providing amid the ongoing supply chain disruption and its confidence in its move to end the use of fur in its products.
Canada Goose Sees Q1 Revenues More Than Double
Canada Goose Holdings Inc. reported a slightly higher loss in the first quarter ended June 27. Revenues vaulted 115.7 percent. Global e-Commerce revenue increased by 80.8 percent.
Canada Goose To Go Fur-Free By End Of Next Year
Canada Goose announced that it would end the use of fur in all its products. Through a phased approach, Canada Goose will end the purchase of fur by the end of 2021 and cease manufacturing with fur no later than the end of 2022.
Inside The Call: Canada Goose Online Growth Accelerates
Boosted by triple-digit e-commerce growth, Canada Goose Inc.’s revenues rose 33.7 percent in the fourth quarter ended on March 28. Officials predicted sales would climb 11 percent for the current fiscal year.
Canada Goose’s Q4 Revenues Climb 34 Percent
Canada Goose Inc. reported sales in its fiscal fourth-quarter ended March 28 rose 33.7 percent and easily exceeded Wall Street estimates.
Canada Goose To Open At South Coast Plaza
This fall, Canada Goose will open its first store in California, at the South Coast Plaza Mall, where it will house its first Snow Room in the United States.
Canada Goose And NBA Announce Multiyear Partnership
Canada Goose announced a multi-year partnership with the National Basketball Association (NBA) that makes Canada Goose the Outerwear Partner of the NBA All-Stars.
Inside The Call: Shares of Canada Goose Pop As Sales Growth Returns
Shares of Canada Goose surged $7.73, or 22.0 percent, to $42.90 Thursday after the outerwear specialist delivered its first quarterly revenue increase since the onset of the pandemic. The gains were boosted by a 39.3 percent hike in global e-commerce revenue and a 41.7 percent DTC revenue gain in Mainland China.
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