Canada Goose (NYSE:GOOS) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Canada Goose (NYSE:GOOS) issued its quarterly earnings data on Thursday. The company reported ($0.64) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.70) by $0.06, Zacks reports. Canada Goose had a return on equity of 14.25% and a net margin of 3.65%.The business had revenue of $83.71 million during the quarter, compared to analyst estimates of $76.34 million. During the same period in the prior year, the company posted $0.91 EPS. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year.

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 Price Performance

NYSE:GOOS traded down $0.29 during midday trading on Friday, hitting $8.96. 948,718 shares of the stock were exchanged, compared to its average volume of 619,630. Canada Goose has a one year low of $8.75 and a one year high of $15.40. The company has a market capitalization of $870.86 million, a price-to-earnings ratio of 22.99 and a beta of 1.61. The business has a 50-day moving average price of $9.64 and a two-hundred day moving average price of $10.89. The company has a current ratio of 2.63, a quick ratio of 1.58 and a debt-to-equity ratio of 0.65.

Analysts Set New Price Targets

A number of brokerages have issued reports on GOOS. Robert W. Baird set a $11.41 price target on Canada Goose in a research report on Friday. Weiss Ratings lowered Canada Goose from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday. Evercore set a $10.00 price target on Canada Goose in a report on Friday, May 15th. TD Cowen lifted their price objective on shares of Canada Goose from $13.00 to $18.00 and gave the company a “buy” rating in a research note on Friday. Finally, Wall Street Zen downgraded shares of Canada Goose from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $12.48.

Hedge Funds Weigh In On Canada Goose

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GOOS. Goldman Sachs Group Inc. raised its stake in shares of Canada Goose by 139.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 309,235 shares of the company’s stock worth $2,458,000 after buying an additional 179,946 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Canada Goose by 5.9% during the second quarter. Russell Investments Group Ltd. now owns 29,026 shares of the company’s stock valued at $324,000 after buying an additional 1,630 shares in the last quarter. Invesco Ltd. boosted its stake in Canada Goose by 7.2% during the second quarter. Invesco Ltd. now owns 15,124 shares of the company’s stock valued at $169,000 after buying an additional 1,012 shares in the last quarter. Bayesian Capital Management LP acquired a new position in Canada Goose during the second quarter worth about $332,000. Finally, Raymond James Financial Inc. grew its holdings in 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 acquiring an additional 53,573 shares during the period. 83.64% of the stock is owned by institutional investors.

Key Stories Impacting Canada Goose

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 potential upside from recent trading levels. Benzinga article
• Positive Sentiment: Revenue exceeded expectations: Fiscal first-quarter revenue rose 10.3% year over year to C$83.71 million, surpassing analysts’ estimates of C$76.34 million. The company also highlighted expanded gross margins and progress toward becoming a more year-round luxury brand. Canada Goose fiscal 2027 results
• Neutral Sentiment: Value-stock interest provides support: Zacks included GOOS among four value stocks to consider while the Federal Reserve holds interest rates steady and geopolitical risks weigh on broader market sentiment. Zacks value stocks article
• Negative Sentiment: The company remained unprofitable: Canada Goose reported a fiscal Q1 loss of $0.64 per share, compared with $0.91 of earnings in the same period last year. Although the result was better than some consensus estimates, the loss may be weighing on investor confidence, particularly given the stock’s elevated earnings multiple. Zacks Canada Goose earnings article

About Canada Goose

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.