Canada Goose (GOOS) Tops Q3 EPS, Revenue
Canada Goose (NYSE: GOOS) reported Q3 EPS of C$0.96, C$0.15 better than the analyst estimate of C$0.81. Revenue for the quarter came in at C$399.3 million versus the consensus estimate of C$358.4 million. Adjusted EBITDA increased by 59.6% to C$151.1m.
“Fiscal 2019 is shaping up to be another year of impressive results. In our peak selling season we continued to deliver when and where it matters most, while also strengthening our foundation for future success on the global stage.” said Dani Reiss, President & CEO. “We have successfully entered new markets, introduced new product, and increased capacity to meet growing demand in both channels. We remain deeply confident in the long runway we have ahead.”
GUIDANCE:
For fiscal 2019, the Company currently expects:
- Annual revenue growth in the mid-to-high thirties on a percentage basis, compared to at least 30%
- Adjusted EBITDA margin(1) expansion of at least 150 basis points compared to fiscal 2018, unchanged
- Annual growth in adjusted net income per diluted share(1) in the mid-to-high forties on a percentage basis, compared to at least 40%
For earnings history and earnings-related data on Canada Goose (GOOS) click here.
