Canada Goose Flies Higher Driven By DTC Growth

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. ...