Northwire Canada EditionThursday, October 15, 2026
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Earnings

Canada Goose Reports Third Quarter Fiscal 2026 Results

GOOS · Price

Executive Summary

  • Canada Goose reported third‑quarter fiscal 2026 revenue of C$694.5 million, up 14.2% YoY (13.2% on a constant‑currency basis).
  • DTC revenue rose 14.1% to C$591.0 million; DTC comparable sales increased 6.3%.
  • Net income attributable to shareholders was C$134.8 million ($1.36 per diluted share), down modestly from the prior year, while adjusted EBIT margin fell to 29.3% (from 33.8%).

Key Details

  • Revenue Highlights – Total revenue C$694.5 m (+14.2% YoY); DTC revenue C$591.0 m (+14.1%); Wholesale revenue C$88.3 m (+16.6%); Other revenue C$15.2 m (+5.6%).
  • Margin & Profitability – Gross profit C$513.8 m (+13.7%); gross margin 74.0% (down 0.4 pts). SG&A expenses rose to C$313.6 m from C$247.7 m, driven by a one‑time bad‑debt provision and higher marketing/retail costs. Operating income C$200.2 m vs. C$204.3 m prior year. Adjusted EBIT C$203.7 m; adjusted EBIT margin 29.3% (down from 33.8%).
  • Net Income – Net income C$134.8 m, $1.36 diluted EPS (vs. $1.42 YoY). Adjusted net income C$142.3 m, $1.43 diluted EPS.
  • Balance Sheet – Inventory C$408.7 m (flat YoY); Net debt reduced to C$413.0 m from C$546.4 m a year earlier. Cash balance C$346.9 m.
  • Geographic Performance – Revenue growth strongest in United States (+23.3% constant‑currency) and Canada (+14.1%). Greater China up 13.2%; EMEA down 3.3%.
  • Store Expansion – Four new permanent stores opened, total count now 81; new store design showcased in Milan.
  • Non‑IFRS Measures – Adjusted EBIT margin 29.3% (down); adjusted net income per diluted share $1.43.
  • One‑Time Items – Arbitration award of USD 32 m ($43.8 m) recognized in SG&A; Paola Confectii earn‑out cost C$3.5 m; remeasurement losses on Japan JV contingent consideration and put option totaling C$7.9 m.
  • Conference Call – Management will discuss results at 08:30 a.m. EDT, February 5 2026 (link provided).

Notable Quotes

“Our third‑quarter results underscore the strength of our global brand… higher quality traffic driven by integrated global campaigns…” – Dani Reiss, Chairman & CEO
“Margins this quarter reflected deliberate choices we made to expand product relevance and fuel brand momentum…” – Dani Reiss


All amounts are in Canadian dollars unless otherwise noted.

Read the original news release →

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