Key insights
- Canada Goose's better-than-expected Q4 results, driven by strong DTC sales and leaner inventories, led to a premarket stock jump. While positive, the impact on the broader US equity market is limited, primarily reflecting company-specific performance rather than a broader economic trend. The company's fiscal 2027 guidance suggests modest growth.
Investing.com -- Canada Goose shares jumped after the luxury outerwear maker reported fourth-quarter results that topped analyst expectations on top and bottom line.
The stock rose around 2% in U.S. premarket trading by 07:01 ET.
Revenue for the quarter came in at C$453.3 million, well ahead of the C$300.6 million consensus estimate. Adjusted EPS of C$0.37 beat the C$0.29 analyst forecast, while adjusted EBIT of C$64.9 million edged past the C$61 million estimate.
Direct-to-consumer revenue reached C$361.7 million, with wholesale contributing C$49.1 million.
"Revenue growth was broad-based across regions and channels, supported by stronger conversion in DTC, improved wholesale performance, and continued momentum across our expanded product offering," the company said.
For fiscal 2027, Canada Goose guided for low-single-digit revenue growth compared to the prior year, and an adjusted EBIT margin of 11% to 12%.
Inventories in the fourth quarter were leaner than expected at C$386.3 million, against a consensus of C$428.6 million.