Canada Goose Flies High on Earnings, Ditches Future Forecast Like a Dodgy Dementor

Blimey Goose Does Good!

Right listen up! This is Harry Potter reporting live from… well not Privet Drive thank Merlin. Seems Canada Goose the posh parka people have had a bit of a win. Their shares sprouted wings and flew about 8% higher. Why? Turns out they stuffed their coffers fuller than Gringotts on goblin payday beating what everyone thought they'd earn. They raked in 33 Canadian cents per share adjusted leaving the predicted 23 cents in the dust. Revenue was also up to CA$384.6 million (US$277.1 million) leaving Wall Street estimates in the dust that is about 7.4% from last year. You could say they've managed some serious 'accio profit!' magic eh?

Forecast? More Like Fore snort!

But before you start picturing yourself in a fancy parka they've gone all mysterious on us. Like a Sphinx giving riddles Canada Goose decided to ditch giving us any kind of glimpse into 2026. Apparently they're blaming 'macroeconomic uncertainty.' Which let’s be honest sounds like something Trelawney would come up with while gazing into a murky tea cup. But even I know that's corporate speak for 'we haven't a clue what's going to happen'. Still they insist they're 'confident in the strength of the brand'. You know like how I was confident facing Voldemort – just a tad more fashionable hopefully.

From Parkas to…Raincoats?

Here's a laugh! These goose folks are trying to ditch their 'winter only' image. They're branching out into rain gear and summer clothes. I mean I get it. Nobody wants to wear a parka in July. Unless you're visiting my Aunt Petunia’s personality that is. They even launched an eyewear collection online. Can you imagine Ron trying to sell that? He'd probably end up wearing them upside down. Let's hope their new lines are more successful than Gilderoy Lockhart trying to duel.

Luxury Layoffs? Not So Lush!

Now there's a bit of gloom in the air. The entire luxury sector seems to be slowing down. Even the big shots like LVHM Burberry and Gucci owners are feeling the pinch. It's a bit like the Yule Ball – all glitz and glamour but you know something wicked might come at any moment. Canada Goose shares were down nearly 14% this year hitting an all time low last month. Blimey.

Net Gains!

The net income attributable to shareholders for the fiscal fourth quarter ending March 30 was CA$27.1 million or 28 Canadian cents per diluted share compared with a net income attributable to shareholders of CA$5 million or 5 Canadian cents per diluted share in the prior year period. That is a huge increase! 'Without Comparing we cannot know the value of things.'

Overall...

Despite the economic doom and gloom Canada Goose believes in itself and its ability to adapt to new changes. 'It takes a great deal of bravery to stand up to our enemies but just as much to stand up to our friends.'