Canada Goose Hldgs Q1 Revenue C$84.8M, Up 18%; Adj. EPS C$(0.70) vs C$(0.56) YoY
Portfolio Pulse from Benzinga Newsdesk
Canada Goose Holdings reported Q1 revenue of C$84.8M, an increase of 18% YoY. However, the adjusted EPS was C$(0.70), a decrease compared to C$(0.56) YoY.

August 04, 2023 | 12:51 pm
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Canada Goose's Q1 revenue increased by 18% YoY, but its adjusted EPS decreased.
The increase in revenue indicates a positive growth in sales, which is a good sign for investors. However, the decrease in adjusted EPS could be a concern as it indicates lower profitability. The net impact on the stock price could be neutral in the short term as the positive and negative factors balance each other out.
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IMPORTANCE 80
RELEVANCE 100