Canada Goose Misses Q3 Revenue Targets on DTC Softness
February 6, 2025
Canada Goose’s revenues in the fiscal third quarter ended December 29 came in below Wall Street’s estimates as DTC comps missed plan, down 6.2 percent. Earnings on an adjusted basis in the third quarter rose 7.0 percent while overall sales declined 2.2 percent.
All amounts are in Canadian dollars unless otherwise indicated.
Revenue in the quarter reached $607.9 million (U.S.$423.59 million) versus analyst’s average estimate of $620.9 million. SGB