Comment on Why Canada Goose Holdings Inc. Shares Were Flying Higher Today

Why Canada Goose Holdings Inc. Shares Were Flying Higher Today

Shares of Canada Goose Holdings Inc. (NYSE: GOOS) were soaring today after the down-jacket maker topped estimates in its first report as a publicly traded company. As of 3:28 p.m. EDT, the stock was up 15.3%.Image source: Canada Goose.In its fourth-quarter report, the clothing maker said that sales increased 21.9%, to $51.1 million Canadian in the seasonally slow quarter, which was much better than expectations at $31.1 million Canadian.

 

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