Canada Goose Maintains Its FY25 Guidance Issued With Q4 Results
Portfolio Pulse from Benzinga Newsdesk
Canada Goose has maintained its FY25 guidance, expecting total revenue to grow in the low-single-digits year-over-year with a 25%/75% distribution split between the first and second halves of fiscal 2025. Non-IFRS adjusted net income per diluted share is projected to grow by a mid-teen percentage year-over-year.
August 01, 2024 | 10:50 am
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Canada Goose has reaffirmed its FY25 guidance, projecting low-single-digit revenue growth and mid-teen percentage growth in non-IFRS adjusted net income per share. This consistency with previous fiscal performance may instill investor confidence.
The reaffirmation of FY25 guidance suggests stability and consistency in Canada Goose's financial performance, which is likely to be viewed positively by investors. The projected growth in revenue and net income per share indicates potential for stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100