Canada Goose (GOOS) TO) stocks rose as much as 30 percent in early trading Thursday after the company reported third-quarter financial results that beat analysts’ expectations

Canada Goose’s sales for the third quarter through December 27 were $ 474 million, up 5 percent from $ 452 million reported at the same time last year, the Toronto-based parka maker said, the increase in sales is due to the growth of e-commerce and the continued demand in China

“Our business has shown remarkable resilience and we have exceeded our own expectations,” said Dani Reiss, CEO of Canada Goose, in a conference call with analysts on Thursday

“This is a return to growth for Canada Goose and our biggest quarter, and we have done it with strong profitability and cash flow”


Canada Goose shares were up nearly 29 percent ET at 11:18 am, trading at $ 57.85

With 21 percent of stores worldwide closed due to COVID-19 lockdowns in the third quarter, Canada Goose saw online sales grow 39 percent and e-commerce sales increased in key markets of Canada Goose in double digits, including strong results in Germany, France, Ireland and the UK

At the same time, the company continued to expand its presence in China, which was an integral part of its international growth strategy. Direct consumer sales rose 417 percent in China in the third quarter, helping to offset the weakness in Canada and the United States, which was brought about by COVID-19 bans and restrictions was caused

“We are still very early on our journey to mainland China and see a significant opportunity to further expand our network in the region,” Reiss told analysts on Thursday

The Chinese consumer was also important to Canada Goose as shoppers have an impact on luxury sales around the world.Canada Goose retail traffic in a given market is usually evenly split between local and international consumers, Jonathan Sinclair , Chief Financial Officer of Tourism, said the company had been focused on serving consumers at home and driving demand in local markets

“I’m very pleased with the strong demand we are seeing in local markets,” said Reiss, referring to sales growth of 30 percent in Europe and the rest of the world outside of Asia and North America

The company reported adjusted earnings of $ 101 per diluted share. On average, analysts had expected adjusted earnings of 86 cents per share and revenue of $ 415 million

The company’s latest results contrast sharply with the same time last year when the COVID-19 pandemic stalled its business in China, forcing the company to cut its outlook for the year

Spend to shrink 42 percent in the first quarter of 2021 as lockdown measures take their toll, but Covid vaccine rollouts will aid a speedy recovery, the bank predicts

The offices of Frank R Cruz Announces Investigation by Clover Health Investments, Corp. (CLOV, CLOVW) on behalf of the investors

Today the Ontario government took a giant step towards recognizing that COVID-19 is an airborne virus by announcing it will invest in an “Airborne COVID-19 Detector”, so the Canadian Union of Public Employees

The US. Securities and Exchange Commission is making renewed efforts to revise money market fund rules and soliciting input from the public on reforming the sector The consultation announced on Thursday suggests that the SEC is looking to boost weak efforts to tackle the sector that is Has needed government intervention twice in recent years to stabilize after investor runs The report included a number of reform options, including stricter rules for fund redemption or higher capital buffers for such funds, but did not advocate any particular approach

Star “Fuller House”, who just released a new children’s book, has got used to defending her family in public

WASHINGTON – In a story dated Jan. February 2021, on Michael Regan’s confirmation hearing to lead the Environmental Protection Agency, The Associated Press falsely reported, in some versions, that he would be the first African American to head the agency and that he would be the first African American to hold that position in The Associated Press

COLUMBUS, Ohio – Dr Amy Acton, the former state health director who became the face of the Ohio early pandemic, has stepped down from her nonprofit position to “carefully examine” the race as a Democrat for the U.S Senate said Thursday Acton would be vying for a coveted open seat vacated by Republican US Sen Rob Portman, quoting divisive national politics not to seek re-election next year after winning the seat twice with double-digit margins, “Many Ohioans have shared their concerns and the daily challenges they face,” Acton said in A statement, “They have expressed the need for a new approach that can help them and their communities thrive. I am humble at the pouring of interest and support. For this reason, I am stepping down from my position at the Columbus Foundation to carefully Consider How Best I Can Help At This Crucial Time Acton’s leadership is working with the Republican government, Mike DeWine on the state’s response to the COVID-19 pandemic made her some kind of folk heroine and role model for Ohio girls, too Backlash because of the restrictive health she signed its instructions, including armed protesters showing up outside her suburban home and stepping down in June, but Democratic insiders say she votes well as a possible statewide contender Portman’s surprise announcement Jan 25 has sparked insanity among potential competitors – both Democrats and Republicans – in what could have been a tough race against a well-funded GOP incumbent.Around a dozen Ohio politicians have already expressed an interest in Senate Race 2022, and some Democrats are advocating it That the party is putting up a candidate who is a black person, a woman, or both, some influential Democrats are calling on Acton to run, even though the early momentum for the veteran U’s candidacy seems to be building up Rep. Tim Ryan, who represents the Blue Valley of Ohio.Former Democratic Administration Ted Strickland stands firmly behind Ryan and Hillary Clinton, the party’s 2016 presidential nominee, has also signaled support for him on Twitter for several Republican US. Members of the House have also expressed interest, including Rep Brad Wenstrup, an Iraq war veteran who represents much of Portman’s ancient US House district in southern Ohio and Rep. Bill Johnson, who represents much of Appalachian Ohio and has already run a radio commercial for the former Republican administration, John Kasich, a staunch enemy of Donald Trump Kasich has said he won’t run but Johnson warned Kasich, he would try to elect an “elitist” to the seat Jane Timken, leader of the Ohio Republican Party, which with Trump’s help ousted a Kasich loyalist to the job; Secretary of State Frank LaRose, a Navy veteran and former Treasurer Josh Mandel, who dropped an offer for Democratic U in 2018 Sen Sherrod Brown’s seat is among other well-known Republicans weighing a bid.Former Treasurer Kevin Boyce and State House Democratic leader Emilia Sykes, both blacks, are among other potential Democratic contenders.Acton’s political experience is limited and includes volunteering for the Democratic primary campaign Former President Barack Obama’s 2008 in Ohio Obama wore Ohio twice, but Trump wore it twice by an 8-point lead, and Democrats other than Sherrod Brown have not done well nationwide in more than a decade as Acton is being seen as a potentially strong fundraiser in DeWine could face a major antagonist in 2022, and Mayors Nan Whaley of Dayton and John Cranley of Cincinnati are also likely to run for Democratic governor nomination, Cranley said, a race against an expected well-funded Republican candidate, Cranley said he looming prospect of a strong Democratic fight for the Senate seat is good news for other statewide candidates. “I think it’s extremely helpful,” said Cranley, “because it will bring Democratic resources to Ohio that will help each of us who takes part in the nationwide vote”___ Sewell reported from Cincinnati AP political writer Thomas Beaumont contributed from Des Moines, Iowa, at ___ Follow Sewell at https: // wwwTwittercom / dansewell and Carr Smyth at https: // twittercom / jcarrsmyth Julie Carr Smyth and Dan Sewell, The Associated Press

(Bloomberg) – Oil rose to its highest level in more than a year, extending the rally this week to above $ 56 a barrel Investors were confident that OPEC producers are determined to curtail global shipments, with New York futures even up 16% on Thursday, also buoyed by stronger US. Shares OPEC producers have pledged to continue to drain a pandemic-triggered oil surplus as global inventories stretch from China to the US Continue to decline Meanwhile, Saudi Arabia is keeping Asian oil prices unchanged while increasing prices of all grades for buyers in the US and Europe “It looks like Saudi wants to support the market at every turn,” said Michael Hiley, head of over-the-counter energy trading at LPS Futures in New York. “If demand really picks up, we could run out of oil pretty quickly because US. Production won’t return quickly, but key technical indicators suggest that crude oil is due for a retreat – 14-day Relative Strength indices for Brent and West Texas Intermediate Futures show the commodity in overbought territory, expectations of stronger oil demand also support prices As Governments Worldwide Distribute Covid-19 Vaccines While a full recovery has not yet taken shape, oil consumption is set to be unlikely, according to Citigroup Inc Get back to 2019 levels by the end of the year “Right now we’re seeing pretty good oil prices,” said Ben van Beurden, Shell’s Chief Executive Officer, in an interview with Bloomberg Television. “Demand is not where it was before you Year, but on the other hand we are also seeing a lot of discipline from OPEC and therefore the market is quite well balanced.In the meantime, money is flowing back into the market The total stocks of WTI crude oil futures are now at their highest level since July 2018 and exceed them the level seen during frantic trading in April last year, this inflow of funds is because the crude oil futures curve continues to indicate strength-Red-Dec The spread, a preferred trade of global hedge funds, exceeded $ 3 a barrel this week to hit its strongest level in a year For more articles like this, please visit us on BloombergcomSubscribe now to connect with the most trusted business news source the To be ahead of the pack © 2021 Bloomberg LP

TRENTON, N.J – Three prison guards are charged with violent assault on at least six female inmates, including one who was beaten 28 times, New Jersey attorney general said Thursday attorney general Gurbir Grewal said prosecutors found that the guards were trying to attack Covering up the Edna Mahan Correctional Facility for Women by filing false reports He said the attack happened in early January 11 and involved about two dozen guards dozen of law enforcement officers at Clinton Prison – New Jersey’s only women’s prison – were on paid leave last month after it was alleged that staff members brutally beat and sexually assaulted inmates there. A woman, Ajila Nelson, told NJcom that officers on Jan 11 handcuffed her and others before beating, kicking, undressing, and pulling them into the shower Afterward, she said an unidentified male officer stepped on her and fondled and sexually assaulted her. A transgender woman detained at the facility was beaten by a group of officers and three officers stomped on her head, her mother Trimeka Rollins told Newspaper with her daughter’s knee was so badly damaged she now uses a wheelchair, Rollins said Grewal said Thursday the criminal investigation was still in the beginning last week, Gov Phil Murphy named former state auditor Matt Boxer as the independent investigator on the allegations Mike Catalini, The Associated Press

OTTAWA – The union, which represents RCMP officials on the front lines, urges federal and provincial officials to consider Mounties for priority access to COVID-19 vaccination, The National Police Federation says vaccinating its members will prevent the The President of the Federation, Brian Sauvé, says letters have been sent to all the provincial prime ministers, as well as ministers of Justice and Health, stressing the association’s immediate vaccination of health – and social workers, but he adds that RCMP officials cannot always keep a safe distance from others in public interactions, which results in close contact with people every day, according to Sauvé, members are often at risk of contracting COVID-19, this report by The Canadian Press was first published on February 4, 2021 The Canadian Press

Exclusive: Union officials warn that exploitation, harassment and discrimination exist in the sector, with most yoga teachers lacking basic labor rights, writes Maya Oppenheim

(Bloomberg) – GameStop Corp. Stocks fell for a third out of four days as retailers flocked to other corners of the stock market, such as small drug company video game retailer extending losses to 36%, trading a few dollars above this week’s low of $ 5702 at 2pm in New York Trading volume spiked after a slow start, with 47 million shares exchanged, roughly a third less than in the past two weeks, while demand for companies like headphone maker Koss Corp declined and clothing retailer Express IncThe volatility of GameStop stock has driven market value fluctuations in excess of $ 30 billion for the company this year, and Wednesday’s meeting showed that selling pressure was mounting, but the euphoria around the stock, which was born in daytrader chat rooms, now appears to be turning to groups of smaller names, such as drug developer retailers who use Reddit to communicate their bullish bets and prospects have helped drive the rallies at Anavex Life Sciences Corp., Cassava Sciences Incand Annovis Bio IncThe gains show that Reddit continues to “play an important role in trading individual stocks,” wrote Jared Holz, a Jefferies healthcare equity strategist, a trio of biotech companies hunting for Alzheimer’s cures, their market value by more than than Thursday $ 1 billion up after cassava reported results from a small study of 100 patients earlier this week, Reddit and Twitter users praised the virtues of biotech companies looking for new drugs for Alzheimer’s, Covid-19, and cancer, albeit new ones Drugs In Development Have Big Chances Of Getting To MarketRead More: Three Biotech Stocks Up On Alzheimer’s Drug Optimism Other companies preferred by retail investors include Naked Brand Group Limited and Sundial Growers Inc cleared profits retailer and cannabis company Sundial reversed the rallies, each falling about 2%, according to S3 Partners, short interest as a percentage of GameStop’s free float fell again from a high of over 140% last month to 51% Loud Barrett Asset Management’s chief investment officer, Amy Kong, that drop in near-term interest may suggest the pressure has worked. “It’s also important to consider market psychology,” she said. “When you look at how the stock is doing in the market down in the past two days, it can cause investors to sell before it’s too late”GameStop stock is down 82% this week and has lost momentum after news from three executives including the appointment of a chief technology officer, while the executive additions are” all great people on paper. ” “It’s difficult to attribute the latest stock move to anything special,” Wedbush Securities analyst Michael Pachter said in an email The analyst, who is neutral on the stock, looks forward to corporate strategy details, GameStop made headlines this month after The coordinated efforts of retail investors to repress short sellers resulted in multiple rises in the stock.It has lost more than 85% of those gains in the past few days, but despite this, it has still added about $ 2.8 billion worth this year (updates with Share -Movements throughout) For more items like this please visit us a uf BloombergcomSubscribe now to stay ahead of the game with the most trusted business news source © 2021 Bloomberg LP

Canada has seen a nearly 30 percent decrease in active COVID-19 cases in the past two weeks, but Canada’s chief public health officer says tough measures should remain in place as more contagious variants of the virus threaten to derail this downward TrendIn a daily update on Thursday, Dr Theresa Tam said there were 48 in CanadaThere are 221 active COVID-19 cases, compared with more than 68400 cases two weeks ago, Tam said the daily federal balance had also seen a downward trend In the past week, an average of 4061 new infections reported per day, she said this slowdown had resulted in a gradual decline in serious COVID-19 results, the past seven days averaging 3711 patients treated in hospitals per day, including 792 cases in the intensive care unit. Despite this decline, Tam currently continues to strain local health resources, particularly in regions with high infection rates. “There is still a risk that trends will rapidly reverse,” Tam said in a statement and noted that the spread of the virus is accelerating in some parts of the country and outbreaks continue to occur in high-risk communities “These factors underscore the importance of maintaining public health and individual practices, and not putting restrictions on too soon or too soon “This is especially important given the emergence of new virus strains of concern that could rapidly accelerate the transmission of COVID-19 in Canada.” Indigenous Services Minister Marc Miller reiterated this call for continued vigilance Thursday as his abbot ilung reported that the number of people living with COVID-19 in First Nations communities has dropped to its lowest level since December 6, at 1869 active cases reported as of Wednesday, Miller said First Nations had reported more than 64 as of February000 doses of COVID-19 vaccines have been given in reserve, Inuit and in the Territories 3 But as authorities wait to see how delays in deliveries of vaccines in Canada in the coming weeks will affect rollout, Miller warned that it would not The time is to let our guards down While federal authorities urge restraint, Manitoba is considering easing restrictions to allow restaurants, lounges, gyms and churches to reopen with reduced capacity, current measures expire next week and the province is asking for Public feedback on future changes Non-essential businesses had to close in November as COVID-19 infections and deaths spike, DR Brent Roussin, provincial chief public health officer, said while the numbers have dropped significantly, caution must be taken with any steps to reopen this one Report from The Canadian Press e first published on February 4, 2021 Adina Bresge, The Canadian Press

For the latest news on COVID-19 developments in Canada (all times in the East): 2 pm Nunavut today reports two new cases of COVID-19 The two new cases are located in Arviat, a community of around 2800 residents and the center of Nunavut’s largest outbreak, Chief Public Health Officer Dr Michael Patterson says anyone who has traveled from Arviat since January 12 is asked to cut down on contacts, monitor symptoms themselves and contact the local health center Arviat remains the only community in Nunavut that is still completely closed Non-essential businesses and schools are closed in Nunavut, there are 14 active cases of COVID-19, all in Arviat — 12:55 pm Newfoundland and Labrador are reporting a new case of COVID-19 that health officials say with a group of cases Officials say the new case involves a woman under the age of 19 in the Eastern Health Region who is a contact person for a previously reported case.The case is part of a group of six cases whose origins are from contact tracers Unidentifiable Province says it has reported 15 active cases of COVID-19 — 12:35 pm Manitoba is considering easing restrictions to allow restaurants, lounges, gyms, and churches to reopen with reduced capacity The current one Health ordinances expire next week and the province is asking for public feedback on future changes non-essential businesses had to n to close in November as COVID-19 infections and deaths surge Chief Provincial Public Health Officer Dr Brent Roussin says while the numbers have dropped significantly, all steps to reopen must be taken with caution — 12:30 p.m. Canada’s Health Department says nearly 30 percent fewer active COVID-19 cases across the country in the past two weeks The agency states that there are currently 48221 cases are active, versus more than 68400 cases two weeks ago National data suggest that the daily number of cases is also falling In the past week, an average of 4061 new infections reported per day Authorities say the slowdown has resulted in a gradual decline in severe COVID-19 results as provincial and territorial data show that an average of 7711 patients per day being treated in the hospital — 11:30 am Quebec reports 1093 new COVID-19 infections and 42 more deaths attributed to the virus, including 15 in the last 24 hours, hospital stays have fallen 36 to 1, according to health officialsDropped 070 They say 175 people were in intensive care, a drop in two The province says since the last update 2300 vaccine doses for a total of 243955 — 11 at Nova Scotia today reports a new travel-related case of COVID-19 Health officials say the case has been identified in the central zone and includes travel outside of the Atlantic region officials say another person has COVID-19 is recovered and the province has 10 active cases, Nova Scotia states about 16Having administered 000 COVID-19 vaccine doses, of which more than 4000 second cans were — 10:45 am Ontario reports 1 today563 new cases of COVID-19 and 88 more deaths related to the virus The number of cases fluctuated widely over the week, and officials attributed the fluctuations to updates to the provincial database, vaccination pace in the province has dropped to slightly in the past 24 hours more than 6724 slows so far in Ontario, more than 355000 doses of vaccine given — 10:35 am Indigenous Services Canada said the number of active COVID-19 cases in First Nations communities has dropped to its lowest level since December869 such cases are active The department issued a press release stating that COVID-19 recoveries have now outpaced new infections for two weeks in a row, according to the department, there were more than 64 as of Wednesday000 doses of COVID-19 vaccines given — 10:15 am Conservative leader Erin O’Toole calls for more transparency in vaccine sourcing in Canada because Liberals haven’t done enough to protect themselves from vaccine supply shortages According to O’Toole, shipments to Canada have been reduced to just 15 percent of shipments promised weeks ago by Prime Minister Justin Trudeau Canada is facing shortages in the supply of promised doses from global pharmaceutical companies Pfizer and Moderna, and O’Toole says the government should have to boost domestic vaccine production last year O’Toole says Liberals should have foreseen the “vaccine nationalism” that has prevailed as Deputy Prime Minister Chrystia Freeland said last spring that buying personal protective equipment in the world market was like in the “wild west” “O’Toole says that the fact that Canada Vaccines accepted from the COVAX Facility, primarily intended to help developing countries, is evidence of poorer planning by the Liberals — This report by The Canadian Press was first published on February 4, 2021 in The Canadian Press

When it comes to discussing the so-called streaming wars, Hulu is often overlooked, of course, with attention usually usually being on the volume and weight of Netflix, Amazon’s deep pockets, Disney Plus’s IP gold mine, or even the strategies behind the new kids on the block, be it HBO Max, Apple […]

Images of Greta Thunberg burned in Delhi after tweets about peasant protests Prominent interventions spark mood in India as police investigate the Pro-Farmers toolkit Activists burn a portrait of Greta Thunberg in Delhi Photo: Danish Siddiqui / Reuters

Canada Goose Stock

World News – CA – Canada Goose Earnings: Stock skyrockets as results beat expectations

Source: https://ca.finance.yahoo.com/news/canada-goose-earnings-stock-skyrockets-as-results-exceed-expectations-162658984.html