Canada Goose Sees Minimal Tariff Risks

Dow Jones
07/30

1157 ET - Canada Goose says that the potential new tariffs would have minimal impact, even if the company didn't take any action to soften the blow. In a call to investors, CFO Neil Bowden says that an unmitigated fiscal 2027 operating margin hit would be less than 200 basis points under worst-case scenarios. "As a global business we have successfully managed tariff and trade related changes across our supply chain and cost structure over time, while materially expanding gross margin," Bowden says. The company is actively evaluating mitigation measures and he says that "we have a range of options available to help minimize potential impact."

 

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