Canada Goose Revenue Seen Slightly Down in 4Q -- Earnings Preview

Dow Jones
May 21, 2025
 

By Adriano Marchese

 

Canada Goose is scheduled to report its fourth-quarter earnings on Wednesday. Here is what you need to know.

 

REVENUE: Revenue is expected to fall slightly from a year earlier to 355.1 million Canadian dollars ($254.5 million), according to a consensus forecast on FactSet. In the prior-year quarter, the company generated C$358 million in revenue.

 

ADJUSTED EARNINGS: On a per share basis, analysts expected earnings per share to come in at C$0.23.

 

The stock fell 20% during the quarter and is currently trading 2% lower at C$12.48 a share.

 

WHAT TO WATCH

SALES CHANNELS: Investors will be keen to know how Canada Goose's direct-to-customer channel performed after missing the mark in the previous quarter which contributed to the company's outlook downgrade. At the time, Canada Goose said the DTC year-to-date performance "fell short of our expectations due to trends in global luxury consumer spending, and an increase in marketing investments in fiscal 2025."

CONSUMER SENTIMENT: Given the uncertainty that the current trade policies has created for consumers and the broader global economy, investors will look for commentary on how tariffs may have affected costs on the company side and willingness to spend by consumers.

OUTLOOK: Canada Goose had cut expectations last quarter for the full fiscal year. Investors will want to know if the trend is expected to continue into the new fiscal year, especially around the direct-to-customer channel and its effects on adjusted earnings before interest and taxes margins, which in the third quarter were adjusted down.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

May 20, 2025 14:04 ET (18:04 GMT)

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