Canada Goose (NYSE:GOOS) Issues Earnings Results

Canada Goose (NYSE:GOOS) posted its quarterly earnings data on Thursday. The company reported ($0.64) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.70) by $0.06, Zacks reports. The business had revenue of $83.71 million for the quarter, compared to analyst estimates of $76.34 million. Canada Goose had a return on equity of 14.60% and a net margin of 1.42%.The company’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 earnings per share.

Here are the key takeaways from Canada Goose’s conference call:

• Q1 profitability improved significantly, with adjusted EBIT margin expanding more than 10 percentage points year over year to negative 87%, supported by gross-margin expansion, channel mix, and cost discipline.
• Revenue increased 9% to CAD 119 million, led by strong demand for apparel, rainwear, and windwear; these newer spring/summer categories represented nearly 40% of revenue while down-filled outerwear also grew.
• Wholesale revenue surged 65%, benefiting from a strong order book, reorders, and favorable shipment timing, while management said the spring-summer 2027 order book remains strong. E-commerce also posted double-digit growth across regions.
• Store traffic remained soft, particularly in the U.S. and EMEA, contributing to a 3% decline in D2C comparable sales; management expects first-half margins to face modest pressure from higher marketing spending and logistics and e-commerce investments.
• Potential U.S. tariffs could reduce fiscal 2027 operating margin by less than 200 basis points if implemented as proposed and without mitigation, although the company said it is evaluating actions to limit the impact.

Canada Goose Stock Down 3.4%

NYSE:GOOS traded down $0.32 during trading hours on Friday, hitting $8.95. The company’s stock had a trading volume of 700,043 shares, compared to its average volume of 635,664. The stock has a market capitalization of $868.92 million, a P/E ratio of 69.04 and a beta of 1.61. The stock has a fifty day moving average of $9.66 and a 200-day moving average of $10.90. The company has a current ratio of 2.63, a quick ratio of 1.58 and a debt-to-equity ratio of 0.65. Canada Goose has a 52-week low of $8.75 and a 52-week high of $15.40.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Weiss Ratings cut Canada Goose from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday. Wall Street Zen cut Canada Goose from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Evercore set a $10.00 price objective on Canada Goose in a research report on Friday, May 15th. TD Cowen upped their target price on shares of Canada Goose from $13.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Zacks Research raised shares of Canada Goose from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $12.48.

Institutional Trading of Canada Goose

A number of institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its holdings in Canada Goose by 139.2% in the first quarter. Goldman Sachs Group Inc. now owns 309,235 shares of the company’s stock valued at $2,458,000 after purchasing an additional 179,946 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Canada Goose by 5.9% in the second quarter. Russell Investments Group Ltd. now owns 29,026 shares of the company’s stock valued at $324,000 after acquiring an additional 1,630 shares during the last quarter. Invesco Ltd. boosted its stake in Canada Goose by 7.2% in the second quarter. Invesco Ltd. now owns 15,124 shares of the company’s stock valued at $169,000 after acquiring an additional 1,012 shares in the last quarter. Bayesian Capital Management LP purchased a new position in shares of Canada Goose during the second quarter worth about $332,000. Finally, Raymond James Financial Inc. grew its holdings in shares of Canada Goose by 12.3% during the second quarter. Raymond James Financial Inc. now owns 488,181 shares of the company’s stock worth $5,463,000 after purchasing an additional 53,573 shares during the last quarter. 83.64% of the stock is owned by hedge funds and other institutional investors.

Key Canada Goose News

Here are the key news stories impacting Canada Goose this week:

• Positive Sentiment: TD Cowen upgraded its outlook: The firm raised its price target from $13 to $18 and assigned a “Buy” rating, implying substantial upside from recent levels. This provides a positive signal about the brand’s recovery and long-term growth prospects. Benzinga
• Positive Sentiment: Revenue exceeded expectations: Fiscal first-quarter revenue rose 10.3% year over year to C$83.71 million, ahead of the approximately C$76.34 million analyst consensus. Management said customer engagement is expanding across more seasons and product categories as Canada Goose develops into a year-round luxury brand. Canada Goose Reports First Quarter Fiscal 2027 Results
• Positive Sentiment: Shares were highlighted as a value opportunity: Zacks included GOOS among value stocks that could benefit as the Federal Reserve holds interest rates steady, although broader geopolitical risks are weighing on market sentiment. Zacks value stocks article
• Neutral Sentiment: Quarterly loss was mixed: Canada Goose reported a loss of C$0.64 per share. That was better than the MarketBeat consensus estimate of a C$0.70 loss, but slightly below the Zacks estimate of a C$0.63 loss. The result also compares with C$0.91 of EPS in the prior-year quarter, highlighting ongoing profitability pressure.
• Negative Sentiment: Profitability remains the main concern: Despite higher revenue, the company continues to report a seasonal loss, while its valuation remains demanding at roughly 69 times earnings. The stock is also below its 50-day and 200-day moving averages, suggesting cautious investor sentiment until earnings growth improves.

Canada Goose Company Profile

Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style.

Founded in 1957 as Metro Sportswear Ltd.