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Canada Goose reports $90.8M loss in Q1, but revenue up 10 per cent

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Canada Goose jackets and clothing is on display at the Harry Rosen store in Toronto, Tuesday, Sept. 17, 2024. THE CANADIAN PRESS/Nathan Denette

Canada Goose Holdings Inc. reported a first-quarter loss attributable to shareholders of $90.8 million as its revenue rose 10.3 per cent compared with a year earlier.

The luxury parka maker says the loss amounted to 93 cents per diluted share for the quarter ended June 28, compared with a loss of $125.2 million or $1.29 per diluted share a year earlier.

Revenue totalled $118.9 million for the quarter, up from $107.8 million.

Direct-to-consumer revenue totalled $84.8 million for the quarter, up from $78.1 million, while wholesale revenue amounted to $29.8 million, up from $17.9 million. Other revenue totalled $4.3 million, down from $11.8 million a year earlier.

On an adjusted basis, Canada Goose says its loss was 89 cents per diluted share in its latest quarter, compared with an adjusted loss of 91 cents per diluted share a year earlier.

Canada Goose chairman and CEO Dani Reiss says the company is “successfully evolving” into a year-round luxury brand, and that its first-quarter results prove “that our strategy is working.”

This report by The Canadian Press was first published July 30, 2026.