Red Sugar Dim Sum is expanding to Helena
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Red Sugar Dim Sum set to open in Helena
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Canada Goose drops with spending boost, tourism outlook
Sandrine Rastello, Bloomberg News VIDEO SIGN OUT
Parka maker Canada Goose Holdings Inc. posted earnings and revenue for the fiscal fourth quarter that beat analystsâ estimates because of strong online orders. The shares as much as 7 per cent in New York after rising in pre-market trading.
The company issued a new outlook, projecting sales in the current year will top $1 billion (US$823 million) for the first time. For the quarter ended March 28, revenue rose 48 per cent from a year earlier to $208.8 million, well above the $164.1 million expected by analysts.
Key insights
The forecast assumes that tourism wonât return to normal this year, Chief Financial Officer Jonathan Sinclair told analysts