Canada Goose said revenue rose 2.5% in Greater China in the second quarter, the fourth consecutive quarter of growth in the region
posted a surprise quarterly profit and topped Wall Street estimates for revenue on Thursday, as the luxury parka maker benefits from a demand recovery in China , as well as its tight cost controls.
Revenue rose 2.5 per cent in Greater China in the second quarter, Canada Goose said, the fourth consecutive quarter of growth in the region. Excluding one-off items, Canada Goose posted a profit of 5 cents per share, compared with estimates for a loss of 5 cents. “Our second-quarter performance reflected steady progress across our operating priorities, as we navigated an increasingly challenging macro environment that affected consumer sentiment,” CEO Dani Reiss said.
Revenue Cent China Profit Performance Growth Surprise Greater China LVMH Wall Street
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