Did Canada Goose beat or miss consensus estimates last quarter?

What is the market's earnings forecast for Canada Goose next quarter?

What guidance did Canada Goose's management provide for the next earnings period?

What does Canada Goose do and what are its main business segments?

What were the key takeaways from Canada Goose’s earnings call?

What is Canada Goose's latest dividend and current dividend yield?

What is the revenue and EPS growth rate for Canada Goose year over year?

What factors drove the changes in Canada Goose's revenue and profit?

- **DTC Dominance**: 21% DTC sales growth, 10+ consecutive quarters of positive comps.
- **Product Newness**: 40% DTC revenue from new products, 15%+ new product revenue growth.
- **Margin Leverage**: 62.4% gross margin, 2026 peak season inventory optimization.
- **Global Expansion**: 10 new stores opened, 20% APAC revenue growth.

**【Management Opening Remarks】**
- The call opened with Neil Bowden, CFO, setting the stage for the earnings discussion, emphasizing forward-looking statements and financial highlights for Q2 FY2026.

**【CEO Commentary】**
- **Revenue Growth**: Direct-to-Consumer (DTC) comparable sales grew 10% YoY, driven by North America and APAC, with 40% of DTC revenue from new products.
- **Product Innovation**: 15% of revenue from new products, up 120% YoY, with key collections like the Chilliwack fleece and puffer jacket.
- **Operating Imperatives**: 
  - **Year-round relevance** through seasonal product launches (e.g., Fall/Winter 2025 campaign).
  - **Channel expansion**: 10 new stores opened in key markets (e.g., Paris, Beijing).
  - **Margin Management**: 2026 peak season inventory optimized through warehouse consolidation.

**【CFO Financial Commentary】**
- **Top-line Results**: Q2 revenue CAD$273M (up 2% YoY) with DTC sales +21%.
- **Gross Margin**: 62.4% (up 110bps YoY) driven by DTC channel mix.
- **SG&A**: CAD$188M (16% YoY) due to marketing and store investments.
- **Leverage Strategy**: 
  - Fixed costs (e.g., CAD$707M net debt) offset by 3Q peak season DTC comps +10%.
  - Inventory turnover 0.9x (vs. 0.8x last year) with CAD$461M inventory.

**【Q&A Highlights】**
- **DTC Momentum**: 10th consecutive quarter of positive comps, 40% of DTC sales from new products.
- **Regional Performance**: APAC +20%, EMEA -7% (UK softness offset by Europe strength).
- **Margin Drivers**: 
  - 40% DTC contribution to CAD$14M adj. EBIT loss.
  - CAD$1.4B+ peak season pipeline.
  - 2027+ brand ambassador collaborations (e.g., Shai Gilgeous-Alexander).

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