Posted by & filed under Financial Reporting and Analysis, Student life.

Description: Canadian clothier Canada Goose reports good results with its latest quarterly earnings of over $130 million. Revenues were almost $610 million, up by six percent over results from the previous year. Canada Goose anticipates that its sales results for the full 2024 year will be somewhere in the range of $1.285 billion and $1.305 billion. Obviously, there are lots of buyers out there for what some view as luxury winter-wear.

Date:  February 1, 2024



Discussion points:

1) Do you see many Canada Goose jackets on your campus?

2) What is the purpose for companies releasing quarterly financial results?

3) Page 2-19 of Wiley’s Financial Accounting: Tools for Business Decision Making compares the Price-Earnings (P/E) ratios of Canada Goose and Aritzia for 2021 and 2020. What are the most recent P/E ratios for these two companies?

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