Canada Goose slashes 2020 forecasts on coronavirus hit [Reuters]
Canada Goose Holdings Inc. Subordinate Voting Shares (GOOS)
Last canada goose holdings inc. subordinate voting shares earnings: 2/7 06:45 am
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Source: Reuters
Canada Goose slashes 2020 forecasts on coronavirus hit (Reuters) - Canada Goose Holdings Inc ( GOOS.TO ), ( GOOS.N ) slashed its revenue and profit growth forecasts for fiscal 2020, citing a hit from the recent outbreak of the coronavirus in China. It projected full-year adjusted profit growth to be in a range of 2.2% decline to 0.7% rise from a year earlier, compared with a prior forecast of at least 25% growth. The company expects revenue to grow between 13.8% and 15%, compared with its prior forecast of at least 20% growth.
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