=Canada Goose (GOOS) reported earnings on Wed 14 Aug 2019 (b/o)

Canada Goose beats by CAD 0.03, beats on revs; reaffirms FY20 EPS guidance, revs guidance

Reports Q1 (Jun) loss of CAD 0.21 per share, excluding non-recurring items, CAD 0.03 better thanthe S&P Capital IQ Consensus of (CAD 0.24); revenues rose 59.1% year/year to CAD 71.1 mln vs the CAD 54.38 mln S&P Capital IQ Consensus.

In Asia, revenue nearly tripled to $18.1m from $6.6m. This includes earlier shipments to international distributors in Japan and South Korea, and the incremental contribution of DTC operations in Greater China.

Coreaffirms guidancefor FY20, sees EPS of +25% to CAD 1.70, excluding non-recurring items, vs. CAD 1.69 S&P Capital IQ Consensus; sees FY20 revs of +20% to CAD 996 mln vs. CAD 1.04 bln S&P Capital IQ Consensus.