Canada Goose posts better-than-expected Q4 results on demand recovery in China, US

Canada Goose beats estimates as North America recovers, shares surge By Granth Vanaik (Reuters) -Canada Goose beat Wall Street estimates for fourth-quarter revenue and profit on Thursday, riding on a rebound in North America and steady demand in China for its pricey puffer jackets, sending its U.S.-listed shares up more than 24%. Revenues jumped 24.5% in North America, compared with a 14% decline in the prior quarter. Wholesale revenues fell 9%, after dropping 28% in the previous quarter. Online traffic …