Earnings ·
Reports Q2 CAD $18.5m loss as Baffin divestment results in discontinued ops
GOOSCanada Goose Holdings Inc.
Canada Goose Holdings Inc. reported a net loss from continuing operations of CAD $18.5 million for the second quarter ended September 27, 2026, compared to a loss of CAD $17.4 million in the prior year period. Revenue increased 5.9% to CAD $274.0 million, driven by growth in the Wholesale segment and constant currency strength. The company also reported a net loss from discontinued operations of CAD $7.8 million, primarily related to the divestiture of its Baffin brand, which closed on August 10, 2026, for total cash proceeds of CAD $15.1 million. Operating loss widened to CAD $21.6 million due to increased SG&A expenses and marketing investments. Canada Goose Holdings Inc. designs, manufactures, and sells performance luxury apparel.