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Benzinga

Business

Henry Khederian

Why Canada Goose Shares Are Falling

Canada Goose Canada Goose Holdings Inc NYSE

Canada Goose Holdings Inc (NYSE:GOOS) shares are trading lower by 15.5% at $29.01 Thursday morning after the company lowered its FY22 EPS and sales guidance.

Canada Goose missed estimated EPS by roughly 3%, reporting an EPS of $1.13 versus an estimate of $1.16. Meanwhile, revenue was up $101.29 million from the same period last year.

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