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April 9, 2020, 7:24 a.m. EDT

Canada Goose bringing back up to 900 workers to manufacture medical gear

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By Tonya Garcia

Canada Goose Holdings Inc. /zigman2/quotes/206091526/composite GOOS -2.18% said Thursday that it will bring all eight of its manufacturing facilities back online and put up to 900 staff to work making medical gear for frontline workers. The outerwear company previously announced that 150 employees at the Toronto and Winnipeg facilities would produce 14,000 gowns and scrubs at no charge. That effort began this week. The new contract will be for up to 1.5 million gowns, at cost. Any additional profits will be donated to coronavirus relief funds. Canada Goose stock is down nearly 57% over the past year while the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.50% has fallen 4.5%.

/zigman2/quotes/206091526/composite
US : U.S.: NYSE
$ 24.27
-0.54 -2.18%
Volume: 2.31M
Aug. 11, 2020 12:49p
P/E Ratio
23.26
Dividend Yield
N/A
Market Cap
$2.73 billion
Rev. per Employee
$231,026
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/zigman2/quotes/210599714/realtime
US : S&P US
3,377.31
+16.84 +0.50%
Volume: 1.50B
Aug. 11, 2020 12:49p
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