Canada Goose (NYSE: GOOS) reported Q2 EPS of Cdn$0.12, versus Cdn$0.10 reported last year. Revenue for the quarter came in at Cdn$232.9 million, versus Cdn$194.8 million reported last year.

Revised Fiscal 2022 Outlook:

On the basis of year-to-date performance and current trends, Canada Goose now expects total revenue in fiscal 2022 to exceed the outlook originally provided on May 13, 2021. For fiscal 2022, the Company currently expects:

• Total revenue $1.125Bn to $1.175Bn, compared to exceeding $1.000Bn.
• Non-IFRS adjusted EBIT $186m to $208m, implying an adjusted EBIT margin of 16.5% to 17.7%.

Non-IFRS adjusted net income per diluted share $1.17 to $1.33.

This is based on a number of assumptions, including the following:

• No material change in economic conditions or operation disruptions, including due to COVID-19.
• DTC revenue at approximately 70% of total revenue.
• Wholesale revenue growth in the mid-single digits, compared to wholesale revenue in-line with fiscal 2021.
• Weighted average diluted shares outstanding of 109.3m.

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