Canada Goose Sees Weak Q2 as Choppy US Demand Douses China Rebound

Canada Goose Holdings forecast current-quarter sales below Wall Street estimates on Thursday due to choppy US demand, taking the shine off of upbeat first-quarter results driven by a rebound in China and sending its shares down 7 percent.

Demand for luxury goods in China has recovered sharply after the country lifted its Covid-19 restrictions.

Revenue from Canada Goose’s Asia Pacific segment jumped 52.2 percent to C$24.5 million in the first…