Canada Goose Holdings Inc GOOS shares are trading lower by 13.9% at $38.26 Wednesday morning after the company reported first-quarter earnings results. Canada Goose reported a first-quarter EPS loss of C$0.45 and sales of C$56.30 million.
"Canada Goose is off to a great start in the first quarter," said Dani Reiss, President & CEO. "Our digital business continued at a rapid pace of growth globally, alongside improving retail trends. With strong momentum in a less disrupted operating environment, and an exciting product pipeline - including our growing apparel business and footwear launch later this fall - we are well-positioned for fiscal 2022."
Canada Goose designs, manufactures, distributes and retails premium outerwear for men, women and children.
Canada Goose has a 52-week high of $50.05 and a 52-week low of $22.14.
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