Strong quarter for Canada Goose - sportstextiles: Lea SportsTextiles

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Strong quarter for Canada Goose

11/02/2022
Sportswear company Canada Goose has reported revenues of $586.1 million, 27% higher than the same quarter last year.

Non-parka revenue increased by 75%, reflecting growing year-round lifestyle relevance.

CEO Dani Reiss said: “Canada Goose’s brand momentum and supply chain resilience drove a strong performance in our largest quarter.

 “Our digital business continued to exceed last year’s outsized gains, alongside a sharp improvement in retail productivity. 
“We remain confident in our long-term trajectory for revenue growth and margin expansion, notwithstanding the emergence of temporary and unexpected COVID-19 disruptions in certain markets.”
 

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