Earnings ·
Canada Goose Holdings Inc. reported first-quarter results ending June 28, 2026, with revenue increasing 10.3% to CAD…
GOOSCanada Goose Holdings Inc.
Canada Goose Holdings Inc. reported first-quarter results ending June 28, 2026, with revenue increasing 10.3% to CAD $118.9 million from CAD $107.8 million in the prior year period. The company posted a net loss of CAD $93.0 million, or $(0.93) per share, compared to a net loss of CAD $125.5 million, or $(1.29) per share, previously. Gross profit rose 12.1% to CAD $74.2 million with gross margin expanding by 100 basis points to 62.4%. Operating loss narrowed significantly to CAD $103.8 million from CAD $158.7 million, driven by a CAD $46.9 million decrease in SG&A expenses that excluded non-recurring arbitration and earn-out costs. DTC revenue grew 8.6% to CAD $84.8 million despite a 3.2% decline in comparable sales, while Wholesale revenue surged 66.5% to CAD $29.8 million. The company operates in the luxury performance apparel industry, designing, manufacturing, and selling outerwear and accessories globally.