Canada Goose reports strong revenue and profit growth

Canada Goose Holdings Inc. reported total revenue increase of 50.2 percent to 399.3 million Canadian dollars (300.8 million dollars) or 49 percent on a constant currency basis. Net income for the quarter was 103.4 million Canadian dollars (77.9 million dollars) or 93 cents per diluted share, compared to 63 million Canadian dollars or 56 cents per diluted share due to higher operating income and a lower effective tax rate. Adjusted EBITDA was 151.1 million Canadian dollars (113.8 million dollars) compared to 94.7 million Canadian dollars and adjusted net income was 107.2 million Canadian dollars (80.7 million dollars) or 96 cents per diluted share compared to 64.5 million Canadian dollars or 58 cents per diluted share.