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Canada Goose Flies Higher Driven By DTC Growth
DTCsolo stove(DTC) marketbeat.com·2024-05-20 18:25

Key Points Luxury apparel manufacturer Canada Goose Holdings Inc. NYSE: GOOS shares flew 15% on a strong fiscal Q4 2024 earnings report. The affluent brand is known for its high-priced goose-down parkas, which cost $1,675, $650 Killarney Jackets, $325 Killarney shorts, and $750 Journey Boots. In uncertain economic climates, one would assume consumers would be backing away from high-priced apparel, but the consumer discretionary sector company's results say otherwise. The company saw revenues climb 22% YoY. ...