Canada Goose Reports Q2 2027 Revenue Growth Amidst DTC Sales Decline and Increased Losses
Canada Goose (GOOS) reported second-quarter revenue of $274.0 million, a 5.9% year-over-year increase driven by wholesale growth and expansion in travel retail. Despite the top-line growth, Direct-to-Consumer (DTC) comparable sales fell by 7.5% due to lower store traffic across all regions, which was not fully mitigated by e-commerce performance. The company faced profitability headwinds, reporting an adjusted EBIT loss of $21.6 million compared to a $14.2 million loss in the prior year. This contraction was attributed to increased marketing expenditures and costs associated with retail network expansion. While Asia Pacific revenue surged 21%, EMEA revenues declined by 14% due to softer demand and logistics transitions. Looking ahead, management provided full-year revenue guidance of low-single-digit growth. The company expects an adjusted EBIT margin of 11% to 12%, which accounts for a 100-basis point headwind resulting from U.S. tariffs implemented in August 2026.
Tickers: $GOOS
Topics: adjusted EBIT loss gross margin expansion regional performance revenue growth