Canada Goose leaps on Q4 results beat driven by North America, China demand
Updates
** U.S.-listed shares of luxury parka maker Canada Goose GOOS.TO, GOOS.N jump nearly 24%to $14.12 in early trade
** Co posts Q4 revenue of C$358 mln ($262.71 mln), beating analysts' average estimate of C$315.5 mln - LSEG data
** Q4 adj. EPS of 19 Canadian cents also above estimates of 7 Canadian cents
** North America revenues up 24.5% vs 14% drop in Q3, while sales rose about 30% in China y-o-y
** Stock set for biggest intraday pct. gain since Nov. 2021
** Co's U.S.-listed stock has fallen 3.6% so far this year
Reporting by Purvi Agarwal and Savyata Mishra in Bengaluru
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