TORONTO – Canada Goose Holdings Inc. reported a wider net loss in its fiscal first-quarter results.
The luxury parka maker says its net loss was $125.5 million during its first quarter, compared with a loss of $74 million during the same quarter last year.
On an adjusted basis, Canada Goose says it lost $1.29 per diluted share in the quarter, up from an adjusted loss of 80 cents per diluted share last year.
Revenue for the quarter totalled $107.8 million, up from $88.1 million a year ago.
Direct-to-consumer revenue totalled $78.1 million, up 22.8 per cent from a year ago, while wholesale revenue rose 11.9 per cent to $17.9 million.
Canada Goose CEO Dani Reiss says the company was off to a strong start and he is optimistic about the momentum will continue as the company launches new collections.
This report by The Canadian Press was first published July 31, 2025.
Companies in this story: (TSX: GOOS)
