Quarterly ResultJul 30, 2026, 08:08 AM
Canada Goose Q1 Net Loss Narrows to $93.0M; Revenue Up 10.3%
AI Summary
Canada Goose Holdings Inc. reported its first-quarter results for fiscal year 2027, showing a 10.3% increase in revenue to $118.9 million and a significant narrowing of its net loss to $93.0 million, compared to $125.5 million in the prior year. The operating loss also improved, decreasing to $103.8 million from $158.7 million. However, net interest, finance and other costs saw a substantial rise to $21.1 million, partly due to a $6.0 million write-off related to a Term Loan repricing amendment.
Key Highlights
- Revenue increased 10.3% to $118.9 million from $107.8 million year-over-year.
- Net loss narrowed to $93.0 million, an improvement from $125.5 million in the prior year.
- Basic and diluted loss per share improved to $0.93 from $1.29 year-over-year.
- Operating loss decreased to $103.8 million from $158.7 million in the same period last year.
- Net interest, finance and other costs significantly increased to $21.1 million from $5.4 million.
- DTC segment revenue grew to $84.8 million from $78.1 million, while Wholesale revenue rose to $29.8 million from $17.9 million.
- The company completed a repricing amendment to its Term Loan, resulting in a $6.0 million write-off of unamortized costs.
- Cash at the end of the period was $206.9 million, up from $180.5 million a year ago.
Price Impact
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