Canada Goose beats quarterly revenue estimates on strong demand

(Reuters) – Canada Goose Holdings Inc beat Wall Street estimates for quarterly revenue on Friday, driven by surging online sales and a strong demand for its luxury parkas amid the reopening of major economies.

Revenue rose to C$232.9 million in the second quarter ended Sept. 26, from C$194.8 million a year earlier, beating analysts’ estimates of C$206.1 million, according to Refinitiv IBES.

(Reporting by Deborah Sophia in Bengaluru; Editing by Krishna Chandra Eluri)

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