Canada Goose delivered a strong start to fiscal 2026 with a 22.4% increase in total revenue to $107.8 million, driven by robust DTC comparable sales growth of 14.8%. The company's gross profit also saw a healthy increase, although operating and net losses widened due to a significant one-time arbitration award and increased investments in retail expansion and marketing.
Total revenue increased by 22.4% year-over-year to $107.8 million, demonstrating strong top-line growth.
Direct-to-Consumer (DTC) revenue surged by 23.8% to $78.1 million, with DTC comparable sales growing by 14.8%.
Gross profit rose by 25.9% to $66.2 million, and gross margin improved to 61.4% from 59.7% in the prior year.
The company reported an operating loss of $(158.7) million and a net loss of $(125.2) million, primarily impacted by a $43.8 million one-time arbitration award.
The earnings report does not contain explicit forward-looking guidance for the upcoming quarter or fiscal year in terms of specific financial targets. The company's forward-looking statements are general and relate to business strategy and expected operating performance.
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