Canada Goose Holdings (TSE:GOOS) has released an update.
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Canada Goose Holdings Inc. reported a net loss of $74.0 million for the first quarter ended June 30, 2024, compared to a net loss of $85.0 million in the same period last year. The company saw a slight increase in revenue to $88.1 million from $84.8 million, while the loss per share improved marginally from $(0.78) to $(0.80). This financial snapshot indicates a challenging quarter for the company, yet shows a modest revenue growth amidst persistent losses.
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