Why Canada Goose Stock Soared Today
Shares of outdoor clothing retailer Canada Goose Holdings (NYSE: GOOS) popped Thursday morning after the company released its fiscal third-quarter 2021 earnings. As of 11:15 a.m. EST, the stock had gained 27%.
Though net income was down year over year, the CA$0.96 per diluted share reported exceeded analysts estimates of CA$0.86 according to FactSet. Revenue, however, rose over the prior-year period, marking the first increase in total revenue since the onset of the pandemic.
Source Fool.com
