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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100