Canada Goose (NYSE: GOOS) reported Q4 EPS of ($0.15), in-line with the analyst estimate of ($0.15). Revenue for the quarter came in at $51.1 million versus the consensus estimate of $23.22 million.

Fiscal 2018 and Long-Term Outlook

The Company expects the execution of its growth strategies to continue to drive increases in revenue, adjusted EBITDA and Adjusted net income per share over the next three fiscal years, including, on average:

• Annual revenue growth on a percentage basis in the mid-to-high teens
• Adjusted EBITDA margin expansion in excess of 75 basis points per year
• Growth in Adjusted net income per diluted share of approximately 20 percent per year

The Company's fiscal 2018 outlook is consistent with its long-term trajectory. For fiscal 2018 the Company's expectations include:

• Revenue growth on a percentage basis in the mid-to-high teens
• On a two-year basis, over fiscal 2017 and fiscal 2018, the Company expects Adjusted EBITDA margin to expand an average of 75 basis points per year consistent with its long term outlook. Given the highly-profitable, partial-year operations of the two high-volume retail stores opened in fiscal 2017, the Company expects flat to modestly expanding Adjusted EBITDA margin in fiscal 2018 as these two stores see a normalization of profitability versus only operating in their most profitable period in fiscal 2017 and the Company continues to expand its retail footprint.
• Adjusted net income per diluted share in line with the Company\'s long-term expectations, when compared to adjusted net income per pro forma diluted share in fiscal 2017. Over the two-year period from fiscal 2016 through fiscal 2018, Adjusted net income per diluted share is expected to grow an average of more than 25% per year.
• The weighted average diluted shares outstanding is expected to approximate 110 million for fiscal 2018

Fiscal Year 2017 Highlights (Compared to Fiscal 2016, in Canadian dollars):

• Total revenue increased 38.8% to $403.8 million
• Gross margin expanded 240 basis points to 52.5%
• Net income was $21.6 million, or $0.21 per share
• Adjusted EBITDA was $81.0 million, an increase of $26.7 million, or 49.2%
• Adjusted EBITDA margin expanded 140 basis points to 20.1%
• Adjusted net income increased 46.6% to $44.1 million, or $0.43 per share on 102.0 million diluted shares outstanding and $0.41 per pro forma diluted share

Fiscal 2017 Fourth Quarter Highlights (Compared to the prior year period, in Canadian dollars):

• Total revenue increased 21.9% to $51.1 million
• Gross margin expanded 950 basis points to 54.4%
• Net loss was $23.4 million, or $0.23 per share
• Adjusted EBITDA was $(11.4) million, an increase in loss of 49.2%
• Adjusted net loss was $14.7 million, or $0.15 per share

Significant Achievements in Fiscal 2017:

• Third consecutive year of double-digit revenue growth and adjusted EBITDA expansion
• Opened first retail stores in Toronto and New York
• Opened e-commerce sites in France and the United Kingdom
• Successfully completed initial public offering in March 2017

For earnings history and earnings-related data on Canada Goose (GOOS) click here.