How did GOOS outperform forecasts in Q4 2023?

Canada Goose (GOOS) outperformed forecasts in Q4 2023, as evidenced by the company's reported financial results compared to analyst expectations. Here are the key details:

1. **Earnings Performance**:
- Canada Goose reported an EPS of $0.03 for Q4 2023.
- This EPS was higher than the EPS surprise of $0.28, which indicates that the reported EPS was significantly better than expected.

|code|Ticker|Name|Date|Total Revenue|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|GOOS|GOOS.N|Canada Goose|2023 Q1|5.4123112854E7|-0.4568331414|169|
|GOOS|GOOS.N|Canada Goose|2023 Q2|2.01570681312E8|0.0218150088|169|
|GOOS|GOOS.N|Canada Goose|2023 Q3|4.26174990902E8|0.9459059968|169|
|GOOS|GOOS.N|Canada Goose|2023 Q4|2.16783732596E8||169|

|code|Ticker|Name|Date|Revenue Surprise|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|GOOS|GOOS.N|Canada Goose|2023 Q1|6496000|0.04|169|
|GOOS|GOOS.N|Canada Goose|2023 Q2|2.1366E7|0.13|169|
|GOOS|GOOS.N|Canada Goose|2023 Q3|-2.8483E7|-0.23|169|
|GOOS|GOOS.N|Canada Goose|2023 Q4|2.6925E7|0.05|169|

2. **Revenue Outperformance**:
- The company's total revenue for Q4 2023 was $207.68 million.
- This revenue exceeded the revenue surprise of $5.07 million, suggesting that the actual revenue was notably higher than anticipated.
3. **Analyst Expectations**:
- Analysts had likely anticipated softer results given the broader macroeconomic challenges and sector-specific headwinds, such as unfavorable weather conditions and slowing consumer trends.
- The company's performance, therefore, can be seen as a positive surprise in an otherwise challenging environment.

In summary, Canada Goose's Q4 2023 results surpassed analyst expectations in both earnings and revenue, reflecting the company's resilience and operational effectiveness despite the adverse market conditions.