Canada Goose shareholders elect all director nominees at annual meeting

Published 08/08/2025, 21:38
Canada Goose shareholders elect all director nominees at annual meeting

TORONTO - Canada Goose Holdings Inc. (NYSE, TSX:GOOS), the luxury outerwear maker currently trading at $11.21 with impressive gross margins of nearly 70%, announced Friday that shareholders approved all proposed director nominees during the company’s annual meeting held on August 8, 2025.

According to a press release statement, all ten nominees listed in the company’s management information circular dated June 18, 2025, were elected by a significant majority of votes cast by shareholders who participated virtually or by proxy. The election comes as the company maintains strong financial health with a current ratio of 2.02, indicating solid liquidity management.

The election results showed strong support across the board, with nine of the ten nominees receiving more than 98% approval. Michael D. Armstrong, Jodi Butts, Jennifer Davis, John Davison, Stephen Gunn, Gary Saage, and Belinda Wong each received over 99.9% of votes cast in their favor.

Ryan Cotton and Dani Reiss received slightly lower but still overwhelming support at 96.74% and 96.82% respectively, while Maureen Chiquet secured 98.73% of votes.

In addition to the director elections, shareholders voted to reappoint Deloitte LLP as the company’s auditor for the coming year.

The complete voting results have been disclosed in the company’s report on voting results dated August 8, 2025, which has been filed on SEDAR+.

Canada Goose Holdings Inc. manufactures high-performance outerwear, apparel, footwear, and accessories, with operations primarily based in Canada. The company has shown resilience with a 19.17% price return over the past six months, though according to InvestingPro analysis, which offers comprehensive insights through its Pro Research Reports, the stock currently shows potential for further upside based on its Fair Value assessment.

In other recent news, Canada Goose Holdings Inc. reported its earnings for the first quarter of 2025. The company experienced revenue growth that exceeded expectations, reaching $108 million, which was 63.18% above forecasts. Despite this positive development, earnings per share (EPS) did not meet projections. The discrepancy between revenue growth and EPS performance was a notable point of discussion. These earnings results are part of the recent developments concerning the company. There was no mention of any mergers or acquisitions in the latest updates. Analyst opinions or stock upgrades and downgrades were also not highlighted in the recent news. Investors and stakeholders may be interested in these financial results as they provide insight into the company’s current performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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