Canada Goose Holdings Inc. released its financial results for the fourth quarter and fiscal year ending 30th March 2025, showcasing strong growth fueled by direct-to-consumer (DTC) sales and effective and efficient retail strategies.
Dani Reiss, chairman and CEO, highlighted growth fueled by engaging storytelling, effective and efficient retail execution, and Snow Goose capsule success. In addition, Canada Goose advanced its retail operations by expanding to a 74-store footprint and launching its primary eyewear collection.
In Q4, total revenue grew by 7.4 per cent to US $ 277.41 million, led by a 15.7 per cent increase in DTC revenue to US $ 226.56 million, driven by a 6.8 per cent rise in comparable store sales. Wholesale revenue declined, impacted by lower orders and shipment timing. Gross profit surged 17.8 per cent to US $ 197.92 million, lifting the gross margin to 71.3 per cent. Operating income more than doubled to US $ 39.74 million, and net income attributable to shareholders reached US $ 19.55 million.
In the full fiscal year, total revenue increased by 1.1 per cent to US $ 973 million, after rising DTC revenue of 5.1 per cent. The gross margin increased to 69.9 per cent, with operating income recorded at US $ 118.37 million. Net income attributable to shareholders was US $ 68.4 million, indicating strong operating performance.
Canada Goose has announced that in fiscal 2026, it plans to enhance marketing activities like never before, broaden its product offerings, and take customer experience to the next level and accelerate long-term sustainable growth.
