(Reuters) -Canada Goose, posted a bigger-than-expected loss on Thursday, as increasing expenses related to investments in designing, merchandising and marketing of its luxury products such as puffer jackets and hoodies, dented margins.
On adjusted basis, the company posted a loss of 91 Canadian cents per share, compared with analysts’ average estimate of a loss of 89 Canadian cents, according to data compiled by LSEG.
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Shilpi Majumdar)
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