Canada Goose (GOOS) Tops Q3 Earnings and Revenue Estimates

Core Viewpoint - Canada Goose reported quarterly earnings of $1.10 per share, exceeding the Zacks Consensus Estimate of $1.08 per share, and showing an increase from $1.01 per share a year ago, indicating a positive earnings surprise of 1.85% [1] Financial Performance - The company achieved revenues of $443.69 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.71%, although this represents a slight decline from year-ago revenues of $448.03 million [2] - Over the last four quarters, Canada Goose has consistently surpassed consensus EPS estimates [2] Stock Performance - Canada Goose shares have increased approximately 6.1% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [3] Future Outlook - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at $0.22 for the coming quarter and $0.75 for the current fiscal year, alongside projected revenues of $254.61 million and $939.28 million respectively [7] - The estimate revisions trend for Canada Goose is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Retail - Apparel and Shoes industry, to which Canada Goose belongs, is currently ranked in the top 27% of over 250 Zacks industries, indicating a favorable industry outlook [8]