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Canada Goose Falls as Guidance Is Unchanged Amid Revenue Surge

Jackets and parkas hang on display at the Canada Goose store in Montreal, Quebec.

Jackets and parkas hang on display at the Canada Goose store in Montreal, Quebec.

Photographer: Christinne Muschi/Bloomberg
Updated on

Canada Goose Holdings Inc. dropped 4% after the luxury clothing maker stuck to an annual forecast even as revenue topped expectations in the latest quarter.

In a phone interview, Chief Executive Officer Dani Reiss said it would have been “irresponsible” for him to change guidance based on the smallest sales quarter of the fiscal year.