Canada Goose Holdings trimmed its annual profit forecast and missed market estimates for third-quarter revenue on Thursday due to choppy sales in China, a key market for luxury goods, sending its shares down 4% in morning trading.

TORONTO - Canada Goose Holdings Inc.'s third-quarter profit ticked higher as the company worked to make its operations "more flexible and nimbler," but warned of headwinds materializing in China.

TORONTO - Canada Goose Holdings Inc. reported its third-quarter profit rose compared with a year ago as its revenue edged lower.

Canada Goose Holdings trimmed its annual profit forecast and missed quarterly revenue estimates on Thursday due to choppy sales in key luxury goods market China, sending its U.S.-listed shares down 6% in premarket trading.

Canada Goose reported third-quarter revenue of 607.9 million Canadian dollars ($423.97 million). The company reported third-quarter adjusted earnings of CA$1.51 per share, according to data from Benzinga Pro.

Canada Goose Holdings missed Wall Street estimates for quarterly revenue on Thursday, signaling choppy sales in key luxury goods market China and sending its U.S.-listed shares down 6% in premarket trading.

Canada Goose’s revenues in the fiscal third quarter ended December 29 came in below Wall Street’s estimates as DTC comps missed plan, down 6.2 percent. Earnings on an adjusted basis in the third quarter rose 7.0 percent while overall sales declined 2.2 percent.