Canada Goose beats revenue estimates but new U.S. tariffs could cast a shadow

Leaner inventory management and steady revenue growth have helped Canada Goose absorb costs tied to marketing and product innovation, with quarterly gross margin at 62.4% compared with 61.4% a year ago.

Canada Goose also posted a narrower adjusted loss of 89 Canadian cents per share, from a loss of 91 Canadian cents per share a year ago. Analysts had estimated a loss of 96 Canadian cents per share.

($1 = 1.4042 Canadian dollars)

The company, however, said that newly announced U.S. tariffs on Canadian imports could affect earnings in the months ahead.

President Donald Trump unveiled 50% tariffs on a broad range of Canadian goods on July 20, with the duties set to take effect in August and apply to several items including clothing. The duties would hit Canada Goose's fiscal year 2027 operating margin by less than 200 basis points, finance chief Neil Bowden said.