Canada Goose Holdings Inc. delivered robust top-line development in its fiscal third quarter of 2026, reporting whole income of $694.5 million, a 14.2 % enhance year-over-year, or 13.2 % on a relentless foreign money foundation. The outcomes spotlight continued momentum through the peak promoting season, pushed by strong demand within the U.S. and Mainland China, alongside 4 straight quarters of optimistic direct-to-consumer comparable gross sales development.
Key Monetary Highlights
Gross revenue rose 13.7 % to $513.8 million, although the gross margin dipped barely to 74.0 % from 74.4 % final 12 months, reflecting shifts in product combine. Promoting, basic, and administrative bills climbed to $313.6 million, influenced by a one-time bad-debt provision, retail enlargement prices, and elevated advertising and marketing spend.
Working earnings stood at $200.2 million, whereas adjusted EBIT reached $203.7 million, yielding a margin of 29.3 %, down from 33.8 % within the prior 12 months. Web earnings attributable to shareholders totaled $134.8 million, or $1.36 per diluted share. On an adjusted foundation, web earnings was $142.3 million, or $1.43 per diluted share.
Income Breakdown
- DTC income: $591.0 million, up 14.1 % (13.2 % fixed foreign money), with comparable gross sales development of 6.3 %.
- Wholesale income: $88.3 million, up 16.6 % (13.9 % fixed foreign money).
- Different income: $15.2 million, up 5.6 % (10.4 % fixed foreign money).
Regional Efficiency
North America led with $303.1 million in gross sales, surging 20.0 %. Asia Pacific generated $301.6 million, up 11.5 %, together with $248.3 million from Better China (up 13.1 %). EMEA contributed $89.8 million (up 5.9 %), and Canada recorded $103.9 million (up 14.1 %).
Management Commentary
Dani Reiss, Chairman and CEO, said, “Our third-quarter outcomes underscore the power of our international model and top-line engine, with broad-based income development and continued momentum throughout key areas and channels. Our peak promoting interval mirrored sharper execution — larger high quality visitors pushed by built-in international campaigns, robust shopper response to our expanded year-round assortment, and strong efficiency throughout each retail and e-commerce.”
Reiss added on margins, “Margins this quarter mirrored deliberate selections we made to increase product relevance and gasoline model momentum. Our focus now’s changing this demand into stronger profitability.”
Operational Updates
The corporate opened 4 new shops, increasing its everlasting retail footprint to 81 areas, together with a redesigned Milan flagship. Stock ranges remained secure at $408.7 million, supported by proactive administration, whereas web debt fell to $413.0 million from $546.4 million.
Enterprise initiatives included the launch of Fall/Winter 2025 New Heirlooms and Snow Goose campaigns, enhancing model relevance and repeat purchases via an expanded year-round assortment.
Canada Goose held its Q3 earnings name on February 5, 2026, presenting detailed slides on efficiency and technique. Shares traded decrease following the discharge amid issues over margin pressures.
