Canada Goose Misses Quarterly Revenue Estimates on Choppy China Demand

Reuters

02-06

Feb 6 (Reuters) - Canada Goose Holdings missed Wall Street estimates for quarterly revenue on Thursday, signaling choppy sales in key luxury goods market China.

The company's third-quarter revenue fell to C$607.9 million ($423.59 million), from C$609.9 million a year earlier.

Analysts on average had expected revenue of C$620.9 million, according to data compiled by LSEG.

Canada Goose stock fell over 6% in premarket trading.

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