Canada Goose Q4 Income Jumps 18.1% to C$32.7M; EBIT Margin to Reach 11–12%
Canada Goose posted Q4 net income up 18.1% to C$32.7M on 17.9% revenue growth to C$453.3M, with wholesale sales surging 54.4% to C$49.1M and direct-to-consumer comps rising 10%. For fiscal year, revenues climbed 13.3% to C$1.5B while adjusted EBIT margin is expected to expand from 9.7% to 11–12%.
1. Quarterly Financial Performance
Canada Goose delivered net income of C$32.7 million in the fourth quarter ended March 29, an 18.1% increase, on revenue of C$453.3 million, up 17.9%. Wholesale revenue rose 54.4% to C$49.1 million, while direct-to-consumer comparable sales climbed 10%.
2. Annual Results and Margin Outlook
Full-year sales reached C$1.5 billion, representing a 13.3% gain, though management expects low-single-digit revenue growth next year. The company forecasts adjusted EBIT margin expanding to 11%–12%, up from 9.7% last year.
3. Profitability and Growth Strategy
CEO Dani Reiss emphasized a disciplined, bottom-line–first approach, focusing on repeatable drivers like improved conversion, engagement and inventory health. He highlighted that sustainable margin gains will be prioritized over top-line expansion to maximize profitability.