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HomeLifestyle NewsCanada Goose Shares Sink Most in Six Years as Results Miss

Canada Goose Shares Sink Most in Six Years as Results Miss

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Canada Goose Holdings Inc.’s Canadian shares are on pace for the worst decline in over six years after the luxury parka maker missed on key earnings metrics despite a frigid winter season.

The Toronto-listed stock fell as much as 24 percent on Thursday, marking the retailer’s biggest intraday decline since May 2019, before paring some of the losses. US-listed shares of the company sank as much as 21 percent.

The fiscal third-quarter results “will likely trim earnings per share…

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