Canada Goose on Monday announced that Woody Blackford will join the company in fall 2019 as the EVP, design and merchandising.
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Canada Goose Shares Lose 30 Percent Amid Softer Outlook
Shares of Canada Goose Holdings Inc. tumbled $15.28, or 31.2 percent, to $33.74 Wednesday after the company earlier in the day reported a fourth-quarter revenue miss—its slowest revenue growth in eight quarters—plus lower-than-expected guidance for the current fiscal year.
Canada Goose’s Q4 Revenues Climb 25 Percent
Canada Goose reported flat earnings on an adjusted basis in the fourth quarter ended March 31 while revenues rose 25.1 percent.
Canada Goose Promotes Ana Mihaljevic To Chief Commercial Officer
Canada Goose on Wednesday announced the promotion of Ana Mihaljevic to chief commercial officer. Rick Wood, who previously served as chief commercial officer, will move into a new role, serving as executive adviser on key strategic projects.
Canada Goose To Open Six Stores
Canada Goose announced plans to open six new stores with two in Europe, one in the United States and three in Canada.
Canada Goose Q3 Revenues Surge 50 Percent
Canada Goose again raised its guidance for the year after banging out significant gains in earnings and sales in the third quarter ended December 31. Results benefited from strong demand for expanded lightweight offerings, retailer requests for earlier shipments of merchandise, and a strong reception to new stores.
Canada Goose Opens New Manufacturing Facility In Montreal
Canada Goose on Thursday announced that it will open its second factory in Québec and eighth wholly owned manufacturing facility in Canada, a testament to its continued commitment to keep production of its core down-filled jackets in Canada.
Canada Goose Holdings Q3 Earnings Soar
Canada Goose Holdings Inc. reported third-quarter earnings catapulted 66.2 percent on a 50.2 percent revenue hike. Earnings came in well above Wall Street’s target. The company lifted its guidance for the year.
Canada Goose Project Atigi
Canada Goose announced the launch of its new social entrepreneurship project for Canada’s North – Project Atigi. The project features the global release of a one-of-a-kind collection hand-made by expert seamstresses.
Canada Goose Slides On Downgrade
Shares of Canada Goose fell Canadian$4.73, or 7.1 percent, to C$46.05 Thursday on the Toronto Stock Exchange after Wells Fargo downgraded the stock. The analysts pointed to less search traffic on popular internet search engines looking for Canada Goose merchandise, and concerns about international trade.
Canada Goose CEO: Baffin Is ‘Dream Acquisition’
Canada Goose Holdings Inc. President and CEO Dani Reiss couldn’t hide his excitement on Wednesday morning’s conference call with analysts when discussing the company’s recent addition of footwear maker and fellow Canadian and cold-weather brand Baffin Inc. “This is a dream acquisition for me as I’ve been watching and admiring Baffin for many years and I know them very well,” Reiss said.
Canada Goose Raises Outlook On Strong Earnings
Canada Goose Holdings Inc. raised its guidance for the year after reporting second-quarter earnings that came in well ahead of Wall Street’s targets. Revenues grew 33.7 percent.
Canada Goose Steps Into Footwear With Acquisition of Baffin
Canada Goose Holdings Inc. on Thursday afternoon announced that it has acquired Baffin Inc., a Canadian designer and manufacturer of performance outdoor and industrial footwear, for C$32.5 million (US$24.8 million).
Canada Goose Posts Loss As Expansion Into China Progresses
Canada Goose Inc.’s smallest quarter might have yielded a loss for the apparel maker but revenue soared 58.5 percent in Q1, providing tailwinds ahead of one of the company’s most ambitious 2018 initiatives—expansion into China.
Canada Goose Sees Q1 Revenues Climb 59 Percent
Canada Goose Inc., as expected, reported a loss in the first quarter ended June 30, but sales grew 58.5 percent.
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