The earnings call highlighted positive developments in product innovation and operational efficiencies, particularly in Asia Pacific. However, these were overshadowed by declines in overall revenue and challenges in key regions such as North America and EMEA, as well as weak DTC performance.

Company Guidance

During the second quarter of fiscal year 2025, Canada Goose experienced a 5% year-over-year decline in revenue, with a notable decrease of 15% in their Wholesale business and a 13% drop in direct-to-consumer (DTC) comparable sales. The company faced challenges in North America and Asia Pacific, contributing to the overall decline, although there were improvements in EMEA compared to the first quarter. Despite these headwinds, the company remains optimistic, with 75% of their revenue opportunity still ahead, and they have introduced a lower range to their guidance due to a softer quarter and weaker macroeconomic conditions. The strategic shift in marketing spend, primarily to support the upcoming launch of Haider Ackermann's collection, is anticipated to benefit the latter half of the fiscal year. The company is focused on long-term growth through brand and product evolution, streamlined operations, and enhanced retail execution, although the challenging consumer environment has impacted near-term results.

Positive Developments in Asia Pacific

Asia Pacific revenue grew 3%, mainly due to higher travel retail revenue in Greater China.

Operational Improvements

Significant progress in reducing inventory levels by 9% year-over-year and efforts to improve SG&A efficiency with a decrease in SG&A expenses by nearly $15 million.

Product Innovation and Brand Expansion

Launch of new product categories including eyewear and a fall/winter collection with a more youthful attitude. A new head of merchandising was hired to strengthen product strategy.

Wholesale Channel Improvements

Positive sell-through with top partners in EMEA and improved full-price positioning by reducing availability with non-aligned wholesale distributors.

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Canada Goose Holdings (TSE:GOOS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:GOOS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 09, 2018	2019 (Q1)	- / -0.18	-0.147	-20.59% (-0.03)	―	―
Nov 14, 2018	2019 (Q2)	- / 0.50	0.328	52.63% (+0.17)	―	―
Feb 14, 2019	2019 (Q3)	- / 1.04	0.662	56.74% (+0.38)	―	―
May 29, 2019	2019 (Q4)	- / 0.10	0.098	-1.47% (>-0.01)	―	―
Aug 14, 2019	2020 (Q1)	- / -0.23	-0.177	-28.46% (-0.05)	―	―
Nov 13, 2019	2020 (Q2)	- / 0.62	0.501	23.56% (+0.12)	―	―
Feb 07, 2020	2020 (Q3)	- / 1.08	0.96	12.50% (+0.12)	―	―
Jun 03, 2020	2020 (Q4)	- / -0.12	0.09	-233.33% (-0.21)	―	―
Aug 11, 2020	2021 (Q1)	- / -0.37	-0.21	-75.24% (-0.16)	―	―
Nov 05, 2020	2021 (Q2)	- / 0.10	0.57	-82.46% (-0.47)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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TSE:GOOS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 07, 2024	C$13.46	C$13.47	+0.07%
Aug 01, 2024	C$15.93	C$15.11	-5.15%
May 16, 2024	C$15.52	C$17.93	+15.53%
Feb 01, 2024	C$16.12	C$17.39	+7.88%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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