Canada Goose (GOOS) Tops Q2 EPS by 20c, Offers Guidance
Canada Goose (NYSE: GOOS) reported Q2 EPS of Cdn$0.46, Cdn$0.20 better than the analyst estimate of Cdn$0.26. Revenue for the quarter came in at Cdn$230.3 million versus the consensus estimate of Cdn$197.9 million.
Revised Fiscal 2019 Outlook
Based on the strength of performance across the business, with a particularly significant contribution from the DTC channel, the Company now expects fiscal 2019 results to exceed the outlook which was originally provided with the release of fourth quarter and fiscal year 2018 results on June 15, 2018.
Guidance:
For fiscal 2019, the Company currently expects:
- Annual revenue growth of at least 30%
- Adjusted EBITDA margin(1) expansion of at least 150 basis points compared to full year fiscal 2018
- Annual growth in adjusted net income per diluted share(1) of at least 40%
For earnings history and earnings-related data on Canada Goose (GOOS) click here.