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Canada Goose Beats Estimates on China Strength; Shares Surge

Canada Goose Beats Estimates on China Strength; Shares Surge

High-end coat maker Canada Goose Holdings Inc. reported higher-than-expected sales growth on strong retail results in China and the US. The shares jumped more than 12 percent in early trading in New York.

The Toronto-based company reported revenue of C$358 million ($263 million) for the fiscal fourth quarter ended March 31, compared with the average analyst estimate of C$316 million.

Sales grew 22 percent from a year earlier.

The company, which…


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EHRA recommends simplifying standards to scale SDOH

EHRA recommends simplifying standards to scale SDOH