Canada Goose reports higher profit but lowers revenue growth forecast due to weak sales in China.

Canada Goose reported a higher third-quarter profit but saw a slight decrease in revenue, mainly due to weaker sales in China. The company's shares fell by 5.64% after the results were released. Canada Goose now expects flat to low-single-digit revenue growth for the fiscal year 2025, revising its earlier forecast of a mid-single-digit rise due to weak consumer spending in China.

6 weeks ago
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