Canada Goose first quarter fiscal 2027 revenue rises 10.3 percent to 118.9 million as gross margin expands to 62.4 percent

In the first quarter ended June 28, 2026, total revenue increased 10.3 percent to 118.9 million, up 8.6 percent on a constant currency basis, supported by gains across both direct to consumer and wholesale channels.

DTC revenue grew 8.6 percent to 84.8 million, or 6.7 percent on a constant currency basis, driven by stronger performance in Asia Pacific and North America; while DTC comparable sales declined 3.2 percent, reflecting softer store comparables, this was partially offset by double digit e commerce growth.

Wholesale revenue rose 66.5 percent to 29.8 million, or 65.4 percent on a constant currency basis, as the company shipped a larger planned wholesale order book, captured stronger in season orders and benefited from shipment timing, while Other revenue declined 63.6 percent to 4.3 million due to minimal friends and family activity in the United States versus the prior year.

Profitability metrics moved in the right direction. Gross profit increased 12.1 percent to 74.2 million, with gross margin expanding to 62.4 percent from 61.4 percent in the first quarter of fiscal 2026, reflecting favourable channel and regional mix. Selling, general and administrative expenses…