Canada Goose Holdings Inc. reported a net loss of C$26.3 million for the quarter ended September 27, 2026, despite an increase in revenue compared to the previous year.
Canada Goose Holdings Inc. released financial updates on November 5, 2026, detailing its performance for the second quarter ended September 27. The company reported a net loss of C$26.3 million for the period, which is an increase from a net loss of C$17.4 million reported in the same quarter a year prior.
According to reports from TipRanks and The Canadian Press, the company's financial results for the quarter ended September 27 include the following figures:
The reported net loss includes a C$7.8 million loss from discontinued operations.
For the two quarters ending September 27, the company reported an increase in revenue to C$389.9 million from C$362.9 million. During this same two-quarter period, the operating loss narrowed to C$123.5 million from C$176.9 million, and the net loss improved to C$119.3 million from C$142.9 million.
Regarding the company's stock (TSE:GOOS), TipRanks' AI Analyst, Spark, has assigned a Neutral rating. According to Spark, the rating is driven by "solid financial momentum (strong revenue rebound, premium gross margins, and positive cash flow)" but is limited by "sharply weakened profitability and elevated leverage."
Spark also noted that the earnings-call tone was "cautiously positive due to reiterated guidance and improving margins/mix," though this was tempered by "ongoing losses, rising net debt, and tariff/EMEA risks."
Other market data for Canada Goose Holdings includes:
While Canada Goose saw revenue growth in the second quarter, the company's net loss and operating loss both widened compared to the previous year. The company's financial performance shows a trend of increasing revenue alongside increasing losses per diluted share.
Sources
This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.
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