Canada Goose (NYSE: GOOS) 4Q19 Results: Grows Revenues 25%; Guides for Growth of at Least 20% in FY20

Executive Summary

• Canada Goose reported adjusted EPS of C$0.09 for 4Q19, beating the consensus estimate of C$0.05, and revenues of C$156.2 million, missing the consensus estimate of C$157.5 million.
• Gross margin was 65.6%, up 290 basis points year over year. Gross profit increased to C$102.4 million from C$78.2 million.
• For FY20, the company guided for at least 20% revenue growth and 25% adjusted EPS growth.