Meanwhile, the gross profit of the company rose 3.7 per cent to $170.1 million, with gross margin improving to 62.4 per cent (from 61.3 per cent), reflecting a higher DTC mix and improved pricing discipline.
Canada Goose has reported revenue of $272.6 million in Q2 FY26, up 1.8 per cent YoY, driven by 21.8 per cent DTC growth.
Gross margin improved to 62.4 per cent, though higher SG&A costs led to a net loss of $15.2 million.
For H1 FY26, revenue rose to $380.4 million, with increased marketing and retail investments positioning the company for stronger second-half performance.
The DTC revenue increased 21.8 per cent to $126.6 million, with comparable sales up 10.2 per cent. Wholesale revenue declined 1.0 per cent to $135.9 million, consistent with planned channel discipline, and other revenue fell 62 per cent to $10.1 million due to fewer Friends & Family and employee sale events, Canada Goose Holdings said in a press release.
The company introduced the Fall/Winter 2025 collection featuring contemporary, urban-inspired designs and refreshed hero products. It also partnered with NBA MVP Shai Gilgeous-Alexander and appointed actor Hsu Kuang-Han as global brand ambassador, driving engagement in North America and Asia Pacific. The group relocated the Paris flagship to Champs-Elysees and opened one new store, taking the global count to 77.
The operating results shifted from an income of $1.6 million to a loss of $17.6 million with net loss attributable to shareholders stood at $15.2 million (or $0.16 per share), compared with a net income of $5.4 million (or $0.06 per share) in the prior year.
Adjusted EBIT stood at –$14.2 million, compared with +$2.5 million in the prior year, while the adjusted net loss widened to –$13.3 million from +$5.2 million a year earlier, reflecting higher operating expenses and planned strategic investments.
“Our second quarter results reflect strong DTC performance and positive comparable sales growth—clear proof our strategy is working,” said Dani Reiss, chairman and CEO of Canada Goose. “We are exactly where we planned to be, investing with intention, elevating our product offering, brand and consumer experiences, and entering peak season with confidence.”
For the first half (H1) of FY26, Canada Goose reported total revenue of $380.4 million, up from $355.9 million in the same period last year. The gross profit rose to $236.3 million from $216.7 million, while the gross margin remained robust. SG&A expenses totalled $412.6 million, compared with $312 million in the first half of fiscal 2025.
The operating loss widened to $176.3 million from $95.3 million in the same quarter prior year, reflecting increased investment in brand and retail infrastructure. Net loss attributable to shareholders stood at $140.4 million, compared with $72 million a year earlier, while diluted loss per share was $1.45 versus $0.74.
Fibre2Fashion News Desk (SG)
