Luxury retailer Canada Goose withholds annual forecast on tariff uncertainty
ReutersMay 21, 2025 10:51 AM
May 21 (Reuters) - Canada Goose GOOS.TO, GOOS.N on Wednesday withheld from providing its fiscal 2026 forecast due to uncertainty stemming from the implementation of U.S. President Donald Trump's tariffs.
The parka maker beat fourth-quarter revenue estimates as its marketing and store expansion efforts helped aid demand for its luxury products including knitwear and fleece jackets.
The company's quarterly revenue rose to C$384.6 million ($277.15 million), from C$358 million a year ago. Analysts' estimated C$356.4 million, according to data compiled by LSEG.
($1 = 1.3877 Canadian dollars)
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