Canada Goose (NYSE:GOOS) shares moved higher in U.S. premarket trading after the luxury outerwear brand reported fourth-quarter results that exceeded analyst forecasts for both revenue and earnings.
The stock gained around 2% by 07:01 ET following the earnings release.
Quarterly revenue totaled C$453.3 million, significantly above the analyst consensus estimate of C$300.6 million. Adjusted earnings per share came in at C$0.37, outperforming expectations of C$0.29 per share, while adjusted EBIT reached C$64.9 million, slightly ahead of the C$61 million forecast.
Direct-to-Consumer Business Supports Growth
Revenue from Canada Goose’s direct-to-consumer segment reached C$361.7 million during the quarter, while wholesale operations contributed C$49.1 million.
“Revenue growth was broad-based across regions and channels, supported by stronger conversion in DTC, improved wholesale performance, and continued momentum across our expanded product offering,” the company said.
Company Issues Fiscal 2027 Outlook
For fiscal 2027, Canada Goose projected low-single-digit revenue growth compared with the prior year.
The company also forecast an adjusted EBIT margin in the range of 11% to 12%.
Inventory Levels Come in Below Expectations
Fourth-quarter inventory totaled C$386.3 million, lower than analyst expectations of C$428.6 million, indicating leaner inventory levels than anticipated.