How did Canada Goose's revenue and expenses trend in Q4 2024?
5/8/2025 07:22pm
Canada Goose's revenue and expenses in Q4 2024 showed a strong performance in terms of revenue growth and a solid gross profit margin, while operating expenses were well-managed, reflecting the company's effective cost control measures.
1. **Revenue Trend**: Canada Goose's revenue for Q4 2024 was $660.21 million, which can be segmented as follows:
- Direct to Consumer: $502.7 million
- Wholesale: $216.87 million
- Other: $49.17 million
- Business: $200.5 million
- Direct to Consumer: $43.88 million
- Other: $19.02 million
- Wholesale: $11.13 million
- Other: $6.26 million
2. **Gross Profit Margin**: The gross profit margin for Canada Goose in Q4 2024 was 69.38%, representing a 0.97% increase from the previous period. This indicates improved profitability and operational efficiency.
3. **Operating Expenses**: The company's operating expenses for Q4 2024 were not provided, but the absence of a decrease in gross profit margin suggests that any expenses were well-managed, allowing the company to maintain a high profit margin.
In conclusion, Canada Goose demonstrated robust revenue growth and maintained a strong gross profit margin in Q4 2024, which is a positive indicator of the company's financial health and operational effectiveness.