Canada Goose trims Q1 operating loss to $103.8 million as revenue rises 10.3% for quarter ended June 28
Canada Goose reported first-quarter results for the period ended June 28, with total revenue rising 10.3% year over year to $118.9 million. Operating loss narrowed 34.6% to $103.8 million, while net loss was $90.8 million, or 93 cents a diluted share. Direct-to-consumer revenue increased 8.6% to $84.8 million, driven by stronger performance in Asia-Pacific and North America. The stock rose 0.8% to $9.32.