Canada Goose is expanding its year-round product offering and strengthening brand engagement as it seeks to drive demand and return to comparable sales growth ahead of the fall and winter selling season.
The strategy comes as the company builds on the performance of its apparel, windwear and rainwear categories while preparing for its peak selling season, with a focus on attracting new customers, improving store and online conversion and sustaining profitability amid softer consumer demand and traffic in key markets.
Canada Goose reported second-quarter (Q*) fiscal **** (FY**) revenue of C$*** million (~$*** million), up *.* per cent year-over-year but missed consensus estimates by C$*.* million (~$*.* million), according to Seeking Alpha. The company posted a more than expected loss of C$*.** (~$*.**) per share, compared to Wall Street analysts**; estimates of a C$*.** (~$*.**) loss.
