Canada Goose FY27 Q1 net loss narrows to CAD 90.8 million; revenue rises 10.3% to CAD 118.9 million
GOOS•Q1 fiscal 2027 results
Canada Goose posted Q1 fiscal 2027 net loss attributable to shareholders of CAD 90.8 million, narrowing from the year-ago period; loss per share was CAD 0.93.
Revenue rose 10.3% to CAD 118.9 million, led by wholesale up 66.5% to CAD 29.8 million; DTC increased 8.6% to CAD 84.8 million.
Margins, operating loss and guidance
Operating loss narrowed to CAD 103.8 million as SG&A fell to CAD 178 million; gross margin improved 1 percentage point to 62.4%.
Adjusted EBIT loss was CAD 103.8 million, improving from the year-ago period; adjusted EBIT margin was (87.3)%.
Canada Goose reiterated fiscal 2027 guidance for low-single-digit revenue growth and adjusted EBIT margin of 11%-12%, citing pricing actions and a larger wholesale order book.
