396
Fashion Jobs
BOBBI BROWN COSMETICS
Senior Education Manager, Bobbi Brown, Apac
Permanent · HONG KONG
TOM FORD
Marketing Director, Tom Ford Beauty
Permanent · HONG KONG
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Repair Operations Specialist
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Specialist - Client Development
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Senior Specialist - Client Development
Permanent · HONG KONG
BENEFIT COSMETICS
Retail & Operations Manager
Permanent · HONG KONG
CHRISTIAN DIOR COUTURE
Logistics Officer - Sales Administration
Permanent · CAUSEWAY BAY
LORO PIANA
Client Development Manager
Permanent · HONG KONG
BOBBI BROWN COSMETICS
Senior Education Manager, Bobbi Brown, Apac
Permanent · HONG KONG
CHANEL
Business Systems Manager – Learning/Collaboration/Talent
Permanent · TAIKOO SHING
CHANEL
Assistant Payroll Manager - HR Business Services, Asia Pacific
Permanent · TAIKOO SHING
CHANEL
Senior Client Engagement Executive
Permanent · TAIKOO SHING
CHANEL
Senior Manager, People Sustainability Reporting
Permanent · TAIKOO SHING
CHANEL
IT Asset Manager, Asia Pacific
Permanent · TAIKOO SHING
CHANEL
Head of Governance & Operations, Asia Pacific
Permanent · TAIKOO SHING
CHANEL
Merchandising Manager
Permanent · TAIKOO SHING
CHANEL
Head of Learning Ecosystem And Retail Learning & Development, Asia Pacific
Permanent · TAIKOO SHING
CHANEL
Sustainability Manager (Sustainable Built Environment), Asia Pacific
Permanent · TAIKOO SHING
CHANEL
Assistant Project Manager, Asia Pacific
Permanent · TAIKOO SHING
By
Reuters
Published
Nov 13, 2019
Download
Download the article
Print
Text size

Canada Goose earnings beat on strong parka, jacket sales, shares surge

By
Reuters
Published
Nov 13, 2019

Canada Goose Holdings Inc reported quarterly earnings above Wall Street estimates on Wednesday, lifted by higher orders from department stores for its parkas and jackets, sending its U.S.-listed share up 8%.


Photo: Canada Goose


The company’s wholesale business reported a 22.2% jump in sales to C$219.8 million, while revenue from its retail stores and online operations surged 47% to C$74.2 million.

Canada Goose gets the bulk of its revenue from its wholesale business in North America, where its goods are sold in department stores including Bloomingdales and Nordstrom Inc.

“Alongside continued growth at home, we are making great strides internationally, and we believe we are well positioned going into our peak selling season,” Canada Goose Chief Executive Officer Dani Reiss said.

The Toronto-based company, known for its $1,000 parkas, opened flagship stores in Beijing and Hong Kong last year to cater to a growing appetite for luxury goods among affluent Chinese.

Overall, revenue rose 27.7% to C$294 million ($222.2 million), well above analysts’ estimates of C$267.3 million, according to IBES data from Refinitiv.

Excluding items, the company reported a profit of 57 Canadian cents per share in the second quarter ended Sept. 29. Analysts were expecting a profit of 43 Canadian cents.

Net income rose to C$60.6 million, or 55 Canadian cents per share, from C$49.9 million, or 45 Canadian cents per share, a year earlier.

The company, however, reiterated its outlook for fiscal 2020.

© Thomson Reuters 2024 All rights reserved.