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Company News

BUZZ-Canada Goose: U.S.-listed shares tumble as Q4 revenue miss estimates

** U.S.-listed shares of luxury apparel company fall 15.6% to $41.52 in trading before the bell

** Co’s Q4 rev misses analysts’ expectations, hurt by higher costs; first rev miss in at least 8 quarters

** Co has been investing to grow its direct-to-consumer business to rely less on department stores, and expanding footprint to China and other areas

** GOOS.N shares set to open at over 5-month low, if losses hold

** Stock among top mover in premarket trading

** GOOS.N shares up ~12% this year as of Tuesday’s close

Reporting by Divya R in Bengaluru

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