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Canada Goose Holdings Inc. (GOOS) is a prominent Canada-based company specializing in the design, manufacturing, distribution, and retailing of premium outerwear for men, women, and children. Known for its high-quality products, Canada Goose operates primarily through three key segments: Wholesale, Direct to Consumer (DTC), and Other.
The DTC segment is a major revenue generator, encompassing sales through country-specific e-commerce platforms and company-owned retail stores situated in luxury shopping locations. In contrast, the Wholesale segment involves sales to a diverse mix of retailers, including luxury department stores, outdoor specialty shops, individual retailers, and international distributors.
Canada Goose's reach extends globally, with a significant presence in Canada, the United States, Asia, Europe, and other regions worldwide. The company prides itself on producing high-performance outerwear that is both functional and stylish, catering to those who embrace life’s adventures to the fullest.
Recently, Canada Goose has continued to expand its footprint through strategic partnerships and collaborations. The company is also focused on sustainability, incorporating eco-friendly materials and practices in its manufacturing processes.
Financially, Canada Goose remains robust, driven by its innovative product lineup and strong brand reputation. The company’s ability to blend luxury with practicality has solidified its position as a leader in the outdoor apparel industry.
Working at Canada Goose means being part of a dynamic team passionate about adventure and quality. The company offers a vibrant working environment with perks such as a private gym, a large cafeteria, and various social events, making it an attractive place for creative and collaborative individuals.
Perfect Moment (NYSE American: PMNT) reported fiscal Q3 2025 results with total net revenue of $11.7 million, down 8% year-over-year but up 204% sequentially. The decline was primarily due to a $1.1 million decrease in collaboration revenue following the conclusion of the Hugo Boss partnership.
Key financial metrics include: eCommerce gross revenue increased 7% to $5.4 million, while net revenue declined 1%. Wholesale revenue decreased 6% to $7.3 million. Gross margin improved 273 basis points to 54.8%. The company reported a net loss of $2.5 million or $(0.15) per share.
Operational highlights include opening the first U.S. distribution center in Dallas, launching new retail stores in New York and Kitzbühel, and partnering with Johnnie Walker for a -edition collection. The company also expanded its resale program internationally and appointed new leadership to support future growth.
Canada Goose (NYSE, TSX: GOOS) reported Q3 fiscal 2025 results with revenue of $607.9M, representing a slight decrease of $2.0M year-over-year. Direct-to-consumer (DTC) revenue increased 0.7% to $517.8M, while wholesale revenue declined 7.5% to $75.7M.
The company's gross profit increased 0.5% to $452.0M, with gross margin improving to 74.4% from 73.7% in the previous year. Net income attributable to shareholders reached $139.7M, or $1.42 per diluted share, up from $130.6M ($1.29 per share) in the prior year period.
Notable highlights included the launch of the Snow Goose collection, which drove record media coverage and a three-year high in brand search. The company expanded its retail presence with two new concession-based shop-in-shops, bringing the total store count to 74. Inventory levels decreased 15% year-over-year to $407.4M, and net debt reduced to $546.4M from $587.4M in the previous year.
Perfect Moment (NYSE American: PMNT) announces significant leadership changes to drive growth in the luxury outerwear market. The company has appointed Chath Weerasinghe, former Canada Goose executive, as CFO and COO, bringing over 20 years of experience in finance and operations. Vittorio Giacomelli, former VP of product and sourcing at Canada Goose, joins to oversee product strategy and development. Co-founder Jane Gottschalk has been appointed president while maintaining her role as chief creative officer.
Weerasinghe's expertise includes successful expansion of DTC and B2B operations, while Giacomelli brings 30 years of experience in sportswear and luxury fashion. The restructuring aims to strengthen Perfect Moment's position in the luxury outerwear market, focusing on bold designs with high-performance functionality for a younger demographic.
Canada Goose has appointed Judit Bankus as Senior Vice President of Merchandising, reporting to President, Brand & Commercial Carrie Baker. In her new role, Bankus will oversee global merchandising and pricing strategies, focusing on expanding both existing and emerging product categories through a sustainability and innovation lens.
Bankus brings nearly 20 years of international luxury fashion experience, most recently serving as Chief Merchandising Officer at Stella McCartney. Her previous roles include eight years at Burberry as Global Merchandising Director and involvement in founding the Karl Lagerfeld brand. She will work closely with Creative Director Haider Ackermann to implement the brand's creative vision and drive commercial success.
Canada Goose Holdings (NYSE, TSX:GOOS) has secured exemptive relief from the Ontario Securities Commission, allowing the company to purchase up to 10% of its public float through U.S. Markets as part of its normal course issuer bid. The current share repurchase program, announced on November 19, 2024, permits the purchase and cancellation of up to 4,556,841 shares between November 22, 2024, and November 21, 2025.
This represents 10% of the 45,568,419 shares comprising the public float as of November 8, 2024. Without this relief, purchases on U.S. Markets would be to 5% of outstanding shares. The exemptive relief is valid for 36 months and requires purchases to comply with U.S. rules and be made at market price.
Canada Goose Holdings (NYSE, TSX: GOOS) has announced it will release its third quarter fiscal year 2025 financial results on February 6, 2025, before markets open. The quarter ended on December 29, 2024. The company will host a conference call and webcast at 8:30am ET on the same day to discuss the results. Investors can access the live webcast through the company's investor relations website, and a replay will be available after the call concludes.
Canada Goose unveils its first seasonal capsule collection under the Snow Goose heritage label, designed by Creative Director Haider Ackermann. The Fall/Winter 2024 collection features actor Ethan Hawke in a global campaign shot by Willy Vanderperre. The collection includes signature pieces like the Rider Parka, evolved from the Peacekeeper Parka, the Celestia Jacket, and various knitwear items. Ackermann's design draws inspiration from nature while maintaining Canada Goose's craftsmanship and functionality. The collection is now available on canadagoose.com and select stores, with additional releases planned throughout December 2024.
Canada Goose Holdings (NYSE, TSX:GOOS) announced the Toronto Stock Exchange's approval for renewing its normal course issuer bid (NCIB). The renewed NCIB allows for the purchase and cancellation of up to 4,556,841 subordinate voting shares (10% of public float) between November 22, 2024, and November 21, 2025. The company views this as an appropriate use of excess cash within its capital allocation strategy. Purchases will be made through TSX and NYSE at market prices plus brokerage fees. Under the current NCIB, Canada Goose has already repurchased 3,586,124 shares at a weighted average price of CAD$15.8736.
Canada Goose (NYSE, TSX: GOOS) reported Q2 fiscal 2025 results with revenue declining 5% to $267.8M and net income of $5.4M ($0.06 per diluted share). DTC revenue decreased 5% to $103.9M, while wholesale revenue fell 15% to $137.3M. Gross profit dropped 9% to $164.1M, with margin declining to 61.3% from 63.9%. The company expanded its retail presence with two new standalone stores, bringing the total to 72 locations. Notable developments include launching on Douyin platform in China and announcing expansion into eyewear through partnership with Marchon Eyewear.
Canada Goose Holdings (NYSE, TSX: GOOS) has announced plans to release its second quarter fiscal year 2025 financial results on Thursday, November 7, 2024, before markets open. The company will host a conference call and webcast at 8:30am ET on the same day to discuss the results.
Investors and interested parties can access the live webcast of the conference call through the company's website at investor.canadagoose.com. Additionally, a registration link is provided for those who wish to join the live call. An archived replay of the webcast will be made available shortly after the call concludes.
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