Shares of Canada Goose rose more than 20% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates, though it pulled its fiscal 2026 outlook due to “macroeconomic uncertainty.”
The luxury retailer said it will not be providing a financial outlook for fiscal 2026 due to the uncertainty, citing “dynamic consumer spending patterns brought on by the unpredictable global trade environment.”
Nonetheless, Canada Goose said it “remains confident in the strength of the brand, the Company’s solid financial position, and its ability to adapt to changing conditions.”
Here’s what the company reported for the fiscal fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earnings per share: 33 Canadian cents adjusted vs 23 Canadian cents expected
- Revenue: CA$384.6 million ($277.1 million), vs CA$356.4 million expected
On a call with investors, Canada Goose Chief Operating Officer Beth Clymer said that 75% of Canada Goose’s units …