Canada Goose reports first-quarter loss of $125.5M despite revenue increase

Winnipeg Free Press

3 days ago

TORONTO – Canada Goose Holdings Inc. reported a wider net loss in its fiscal first-quarter results.
The luxury parka maker says its net loss was $125.5 million during its first quarter, compared with a loss of $74 million during the same quarter last year.
On an adjusted basis, Canada Goose says it lost $1.29 per diluted share in the quarter, up from an adjusted loss of 80 cents per diluted share last year.
Revenue for the quarter totalled $107.8 million, up from $88.1 million a year ago.
Direct-to-consumer revenue totalled $78.1 million, up 22.8 per cent from a year ago, while wholesale revenue rose 11.9 per cent to $17.9 million.
Canada Goose CEO Dani Reiss says the company was off to a strong start and he is optimistic about the momentum will continue as the company launches new collections.
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This report by The Canadian Press was first published July 31, 2025.
Companies in this story: (TSX: GOOS)