canada goose holdings inc shares tumbled thursday morning after the company reported lowerthanexpected revenue in its third quarter and downgraded its expectations for the rest of the fiscal year at 1011 am et shares were trading over 14 lower at 2809 canadian dollars 2114 the canadian winter apparel brands revenue fell 16 to c5767 million while consensus among analysts was for revenue to grow by about 61 the company blamed a slowing economic momentum in its north american market as well as the effects of covid19 on disruptions in china during the quarter which had forced temporary store closures hampered foot traffic and weighed on revenue in general canada goose said these factors are expected to continue to affect the full fiscal year revenue forecasts have been revised lower within a range of c118 billion to c12 billion down from a previous expectation of between c12 billion and c13 billion earnings will also take a hit in the year canada goose said adjusted income per share is now expected to be between c092 and c103 down from a previous range of c131 to c162