June 15, 2018 / 11:50 AM / 4 months ago

BUZZ-Canada Goose Holdings: Heads north on surprise Q4 profit

** U.S.-listed shares of luxury parka maker soar 13.2 pct to $51.88 premarket and on track to open at record

** Q4 EPS C$0.07 vs est. loss of C$0.08/shr, according to TR I/B/E/S

** Q4 rev jumps 144 pct to C$124.8 million, driven by strong retail and online sales that benefited from the expansion of its direct-to-consumer business

** SG&A expenses as pct of rev falls to 48.8 pct from 107 pct

** Sees rev growth of at least 20 pct for next 3 years, adjusted EPS growth of at least 25 pct

** Up to Thursday’s close, stock had risen 51 pct this year (Reporting by Karan Nagarkatti)

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