Canada Goose Holdings Inc. (GOOS) saw its stock price surge by 22.63% in pre-market trading on Wednesday, following the release of its impressive fourth-quarter earnings report that significantly surpassed analyst expectations.

The luxury outerwear maker reported quarterly earnings of $0.23 per share, beating the analyst consensus estimate of $0.16 by 43.75%. This represents a substantial 64.29% increase from earnings of $0.14 per share in the same period last year. The company's revenue also exceeded expectations, coming in at C$384.6 million ($277.15 million), surpassing analyst estimates of C$356.4 million.

Canada Goose's strong performance was largely driven by its direct-to-consumer (DTC) channel, which saw revenue increase by nearly 16% to C$314.1 million. The company's marketing efforts and store expansion strategy have successfully boosted demand for its luxury products, including knitwear and fleece jackets. Despite the positive results, Canada Goose has withheld guidance for fiscal 2026 due to ongoing macroeconomic uncertainties and the potential impact of U.S. tariffs. The company plans to continue expanding its product offerings and optimizing its retail operations to drive future growth.