Canada Goose Latest Financial Results: Customer Flow in January Increased by About 30% in Mainland China

2月 05, 2023

On February 2, Canada Goose, a high-end functional apparel and lifestyle brand in Canada, announced its financial results for the third quarter that ended January 1, 2023. Affected by the earlier-than-usual delivery time of wholesale orders and the impact of the epidemic control in mainland China, revenue in this quarter fell by 1.6% year-on-year to C$576.7 million, and net profit attributable to shareholders of the company fell by 10.8% to C$134.9 million. Additionally, gross margin increased from 160bps to 72.2%, with improvements across all product categories.

Dani Reiss, Chairman …