AP NEWS

Canada Goose: Fiscal 2Q Earnings Snapshot

November 13, 2019 GMT

TORONTO (AP) _ Canada Goose Holdings Inc. (GOOS) on Wednesday reported fiscal second-quarter net income of $45.9 million.

The Toronto-based company said it had net income of 42 cents per share. Earnings, adjusted for non-recurring costs, were 43 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.

The high-end coat maker posted revenue of $222.7 million in the period.

Canada Goose shares have decreased 11% since the beginning of the year. The stock has dropped 32% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOOS at https://www.zacks.com/ap/GOOS