(Reuters) – Canada Goose Holdings cut its annual sales forecast on Wednesday, signaling China’s rocky recovery while sales in the U.S. continued to stay under pressure.
The Toronto, Ontario-based company expects fiscal 2024 revenue of between C$1.20 billion ($864.30 million) and C$1.40 billion, compared to its previous forecast of C$1.40 billion to C$1.50 billion.
($1 = 1.3884 Canadian dollars)
(Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Mrigank Dhaniwala)
