Canada Goose (NYSE:GOOS) shares rose more than 9% today following the company’s reported Q4 results, with EPS of C$0.04 coming in above the Street estimate of (C$0.01). Revenue was C$223.1 million, slightly missing the Street estimate of C$223.9 million.

The company provided its full 2023-year outlook, expecting revenue of C$1.35 billion at a midpoint, compared to the consensus estimate of C$1.30 billion. EPS is expected to range from C$1.60 to C$1.90.

Although the company said that a return to regular trading levels in Mainland China is a driver of 2023’s fiscal outlook, 4 out of 16 retail stores there remain closed due to COVID. Q4 revenue growth in China was missing from this morning’s press release, which suggests it was likely very weak.