Canada Goose (NYSE:GOOS) unveiled its second-quarter results, with projections for the full year falling short of analyst forecasts. As a result, shares plunged more than 9% intra-day today.

For Q2, they posted a revenue of C$281.1 million, slightly surpassing the anticipated C$279.2 million. The EPS of C$0.16 outperformed the projected loss of C$0.16.

For the upcoming third quarter of 2024, management projects revenues between $575 million and $700 million. For the entire fiscal year, the expected revenue lies between $1.2 billion and $1.4 billion, a dip from the initially forecasted $1.4 billion to $1.5 billion.

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