Canada Goose spikes 30% on stronger-than-expected revenue driven by online demand

Canada Goose spikes 30% on stronger-than-expected revenue driven by online demand
Isabelle LeeFeb 5, 2021, 02:47 IST
Edward Berthelot/Getty Images
Canada Goose Holdings spiked 30% on stronger-than-expected revenue driven by a rise in online demand.
Shares of the luxury parka maker soared to $45.60 on Thursday, the highest level since 2018.
Canada Goose attributed the increase in sales to the online shopping boom brought about by the pandemic, as well as strong demand from Chinese customers.
Shares of Canada Goose Holdings spiked 30% on stronger-than-expected revenue driven by a rise in online demand. Shares of the luxury parka maker soared to $45.60 on Thursday, the highest level since 2018.

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