Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (72065)	2/10/2020 8:30:14 AM
From: Goose94	Read Replies (1) of 203764

Canada Goose Holdings (GOOS-T) slashed expected revenue growth for the year because of the new coronavirus outbreak. The health crisis has hit is biggest growth market. On Friday Canada Goose released its third quarter results. It has seen significant reductions in revenue at retail stores and through on-line shopping across China. Global travel disruptions have affected retail stores in international shopping destinations in North America and Europe. Canada Goose now expects annual revenue for its 2020 financial year to grow between 13.8 per cent and 15 per cent -- down from the earlier expected figure of at least 20 per cent. That translates to revenue between $945-million and $955-million. Canada Goose believes the disruption is temporary. It expects any long-term supply-chain impact to be offset by inventory Canada Goose built up over the past year. Canada Goose had a net income of $118-million or $1.07 a share, up from $103.4-million or 93 cents for the same quarter last year. Adjusted net income for the quarter ending Dec. 29 was $119.7-million or $1.08 a share, up from $107.2-million or 96 cents.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next