AP NEWS

Canada Goose: Fiscal 3Q Earnings Snapshot

February 7, 2020 GMT

TORONTO (AP) _ Canada Goose Holdings Inc. (GOOS) on Friday reported fiscal third-quarter earnings of $89.4 million.

On a per-share basis, the Toronto-based company said it had net income of 81 cents. Earnings, adjusted for one-time gains and costs, came to 82 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.

The high-end coat maker posted revenue of $342.5 million in the period.

Canada Goose shares have fallen 8% since the beginning of the year. The stock has declined 40% in the last 12 months.

_____

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