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Canada Goose Q1 revenue increased up to 79.7%

Christian Fernsby |
Canada Goose Holdings announced financial results for the first quarter ended June 2019.

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Topics: CANADA GOOSE   

First quarter fiscal 2020 business highlights:

Robust growth in every geographic region, with revenue increasing 40.4% in Canada, 15.8% in the United States and 79.7% in Europe and Rest of World.

In Asia, revenue nearly tripled to $18.1m from $6.6m. This includes earlier shipments to international distributors in Japan and South Korea, and the incremental contribution of DTC operations in Greater China.

Increased flexibility through expanded in-house manufacturing capacity to proactively manufacture and ship wholesale orders in Europe and Asia earlier in the year, in response to customer requests.

Non-parka revenue nearly doubled, rising to one third of total DTC revenue in the quarter.