Canada Goose shares adult after better-than-expects results, skeleton 3 new stores

Shares of Canada Goose Holdings Inc. soared some-more than 30 per cent on Friday after it reported stronger-than-expected gain and announced skeleton for 3 new stores in North America.

Canada Goose shares closed up $18.02 to $78.01 on a Toronto Stock Exchange.

The boost came as a oppulance parka builder reported a fourth-quarter distinction of $8.1 million or 7 cents per diluted share compared with a detriment of $23.4 million or 23 cents per diluted share a year ago.

Revenue for a entertain finished Mar 31 totalled $124.8 million, adult from $51.1 million in a same entertain a year earlier.

On an practiced basis, Canada Goose pronounced it warranted $9.9 million or 9 cents per diluted share.

Economists on normal had approaching a detriment of 8 cents per share for a quarter, according to Thomson Reuters Eikon.

Article source: http://www.cbc.ca/news/business/canada-goose-1.4707445?cmp=rss