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TORONTO - Canada Goose Holdings Inc . (NYSE:GOOS) reported better-than-expected fourth quarter results on Wednesday.
The luxury outerwear maker saw its shares jump 6.5% in pre-market trading after the earnings release.
The company posted adjusted earnings per share of C$0.33, beating analyst estimates of C$0.16. Revenue rose 7.4% year-over-year to C$384.6 million, surpassing expectations of C$355.05 million.
Direct-to-consumer revenue, which includes e-commerce and company-operated stores, increased 15.7% to C$314.1 million. This was driven by 6.8% growth in comparable sales and revenue from new store openings.
"Our strong Q4 results show the kind of impact Canada Goose can make when our brand connects and our strategy hits the mark," said Dani Reiss, Chairman and CEO.
However, wholesale revenue declined 23.2% to C$31.8 million due to a lower planned order book in Europe, Middle East and Africa and timing of shipments.
For the full fiscal year 2025, Canada Goose reported revenue of C$1.35 billion, up 1.1% from the previous year. Adjusted net income attributable to shareholders rose to C$109.4 million from C$101.0 million.
Canada Goose said it remains confident in the strength of its brand and solid financial position.
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