Canada Goose Holdings Inc. is a performance luxury brand known for its high-quality outerwear, apparel, and footwear, with a strong commitment to Canadian manufacturing. The company reported a notable performance for the fourth quarter of fiscal year 2025, indicating stability and positive momentum.

For the fourth quarter, Canada Goose experienced a revenue increase of 7.4%, reaching $384.6 million compared to $358 million in the same period last year. The direct-to-consumer (D2C) segment saw a significant rise in revenue, totaling $314.1 million, marking a 15.7% increase year-over-year. Comparable D2C sales grew by 6.8%, reflecting improved consumer engagement and success from marketing initiatives.

In the wholesale segment, however, revenue decreased by 23.2% to $31.8 million, primarily due to a planned reduction in order volumes and timing of shipments within Europe, which compares unfavorably against the previous fiscal year. Other revenue sources also saw a decline of 14.2% to $38.7 million, impacted by lower events such as employee sales and friends and family promotions.

The company’s gross profit increased 17.8% to $274.4 million, leading to a gross margin for the quarter of 71.3%, up from 65.1% year-over-year, driven by a higher proportion of D2C sales and improved inventory management. Selling, general, and administrative expenses rose to $219.3 million, up from $209.9 million in the prior year, as Canada Goose invested in strategic initiatives and operational enhancements.

Operating income for the fourth quarter was reported at $55.1 million, significantly higher than $23.1 million in the same quarter of fiscal 2024. The adjusted earnings before interest and taxes (EBIT) for Q4 reached $59.7 million, a 48.5% increase year-over-year, with an adjusted EBIT margin of 15.5%.

Net income attributable to shareholders for the quarter was $27.1 million, translating to $0.28 per diluted share, an improvement from $5 million or $0.05 per diluted share in the fourth quarter of the previous fiscal year. For the full year, total revenue grew by 1.1% to $1.348 billion, with D2C revenue increasing by 5.1% to $998.9 million despite D2C comparable sales declining by 3.6%.

Inventory at the end of the fourth quarter stood at $384 million, reflecting a 14% decrease year-over-year, underscoring effective inventory management strategies implemented over six consecutive quarters. Canada Goose’s net debt improved to $408.8 million from $584.1 million year-over-year, showcasing stronger cash flow generation.

Looking ahead, Canada Goose did not provide specific financial guidance for fiscal year 2026, citing ongoing macroeconomic uncertainties and dynamic consumer spending patterns, though they remain confident in their strategic initiatives and brand positioning for sustained growth.