Canada Goose Reports First Quarter Fiscal 2027 Results
Canada Goose reported Q1 revenue of $118.9 million, up 10.3% year-over-year, driven by a 66.5% surge in wholesale revenue and 37.4% growth in Asia Pacific. Despite the revenue beat, the company maintained a cautious fiscal 2027 outlook, forecasting only low-single-digit revenue growth due to softer consumer demand and reduced travel in key markets. Operating losses narrowed to $103.8 million from $158.7 million in the prior year, aided by lower SG&A expenses and gross margin expansion to 62.4%.
Key figures
- Revenue
- $118.9m
- Guidance
- Fiscal 2027 revenue to increase low-single digits; Adjusted EBIT margin 11-12%
- Revenue Yoy
- 10.3%
- Net debt
- $627.8m
- Net loss
- $(90.8)m
- Inventory
- $489.9m
- Dtc revenue
- $84.8m
- Gross margin
- 62.4%
- Gross profit
- $74.2m
- Adjusted ebit
- $(103.8)m
- Dtc comp sales
- -3.2%
- Operating loss
- $(103.8)m
- Adjusted net loss
- $(86.5)m
- Wholesale revenue
- $29.8m
- Adjusted ebit margin
- (87.3)%
AI analysis
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