Canada Goose Holdings Inc (GOOS) Q2 2025 Earnings Call Highlights: Navigating Challenges with ...

GuruFocus.com11-09

Revenue: Decreased 5% year over year, or 6% on a constant currency basis. DTC Comparable Sales: Declined 13% year over year. Wholesale Revenue: Decreased 15% or 17% on a constant currency basis. Gross...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanada Goose Holdings Inc (GOOS) Q2 2025 Earnings Call Highlights: Navigating Challenges with ...\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-09 01:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/canada-goose-holdings-inc-goos-170059616.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Revenue: Decreased 5% year over year, or 6% on a constant currency basis.\nDTC Comparable Sales: Declined 13% year over year.\nWholesale Revenue: Decreased 15% or 17% on a constant currency basis.\nGross...</p>\n\n<a href=\"https://finance.yahoo.com/news/canada-goose-holdings-inc-goos-170059616.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GOOS","symbol_name":"加拿大鹅","start_time":0,"source_url":"https://finance.yahoo.com/news/canada-goose-holdings-inc-goos-170059616.html","article_id":"2482533480","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/yhxkszjjij_k11soRIoLZA--~B/aD0xNjU7dz0yMjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/b02aa63fa628a8fab32dea61c0baef8c"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482533480","pubTimestamp":1731085259,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Revenue: Decreased 5% year over year, or 6% on a constant currency basis.DTC Comparable Sales: Declined 13% year over year.Wholesale Revenue: Decreased 15% or 17% on a constant currency basis.Gross Margin: Declined 260 basis points to 61.3%.Adjusted EBIT: $2.5 million, down from $15.6 million in the previous year.Adjusted Net Income: $5.2 million or 5 per diluted share, compared to $16.2 million or 16 per diluted share in the previous year.Inventory: Decreased 9% year over year to $473 million.Net Debt: $826 million, compared to $852 million in the previous year.GuruFocus has detected 4 Warning Signs with GOOS.Canada Goose Holdings Inc  has made significant progress in simplifying operations and advancing retail execution, positioning well for the peak selling season.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"GOOS":"加拿大鹅"},"translate_title":"Canada Goose Holdings Inc(GOOS)2025年第二季度收益看涨期权亮点：应对挑战……","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GOOS":1},"content_text":"Revenue: Decreased 5% year over year, or 6% on a constant currency basis.\nDTC Comparable Sales: Declined 13% year over year.\nWholesale Revenue: Decreased 15% or 17% on a constant currency basis.\nGross Margin: Declined 260 basis points to 61.3%.\nAdjusted EBIT: $2.5 million, down from $15.6 million in the previous year.\nAdjusted Net Income: $5.2 million or 5 per diluted share, compared to $16.2 million or 16 per diluted share in the previous year.\nInventory: Decreased 9% year over year to $473 million.\nNet Debt: $826 million, compared to $852 million in the previous year.\nStore Count: Increased to 72 permanent stores.\n\n\nWarning! GuruFocus has detected 4 Warning Signs with GOOS.\n\nRelease Date: November 07, 2024\nFor the complete transcript of the earnings call, please refer to the full earnings call transcript.\n Positive Points \n\nCanada Goose Holdings Inc (NYSE:GOOS) has made significant progress in simplifying operations and advancing retail execution, positioning well for the peak selling season.\nThe company has launched a new collection that reflects both its heritage and future direction, aiming to drive brand momentum.\nThe Spring Summer 24 collection was positively received, indicating a significant market opportunity for a full-year assortment.\nThe company has expanded its product categories, including plans to launch an eyewear collection in partnership with Marshawn Eyewear in Spring 2025.\nCanada Goose Holdings Inc (NYSE:GOOS) has successfully reduced inventory levels, marking the fourth consecutive quarter of decreasing year-over-year inventory balance.\n\n Negative Points \n\nDTC comparable sales revenue declined by 13% year-over-year, with performance in Asia Pacific and North America weighing on overall results.\nStore traffic and conversion rates declined year-over-year, and e-commerce saw increased sessions but lower conversion rates.\nThe company experienced a 5% year-over-year decline in Q2 revenue, attributed to a decrease in DTC and planned lower wholesale revenue.\nGross profit decreased by 9% year-over-year, with gross margin declining by 260 basis points due to a higher proportion of non-heavyweight down revenue.\nThe company has introduced a lower range to its full-year fiscal 2025 guidance, reflecting weakening consumer sentiment and first-half performance.\n\n Q & A Highlights \nQ: Can you discuss the strategy for expanding into non-seasonal apparel and how you envision the product mix evolving over the next 3 to 5 years? A: Dani Reiss, CEO, emphasized the brand's strong position and the ongoing evolution of their product line. He highlighted the new design studio in Paris and the upcoming addition of a merchandiser to drive product expansion. Beth Clymer, President of Finance, Strategy & Administration, added that while specific long-term guidance is not provided, the themes of geographic and retail expansion, as well as growth in non-heavyweight down categories, remain central to their strategy.\nQ: How should we think about the shift in marketing dollars and its impact on SG&A expenses? Are there any stores under consideration for closure? A: Neil Bowden, CFO, stated that marketing spend will be slightly up year-over-year, with a focus on the second half to support key launches. He confirmed that no stores are currently under consideration for closure, as the focus is on maximizing productivity and profitability across all locations.\nQ: What are the plans to improve comparable sales for the remainder of the year, particularly in North America? A: Carrie Baker, President, outlined efforts to ensure stores are well-stocked and staffed, with a focus on training and optimizing labor. She noted that while North America is taking longer to show improvement, the same strategies applied in other regions are being implemented. Neil Bowden added that there is confidence in consumer resilience, particularly in China, which is showing positive momentum.\nQ: Can you provide more insight into the Chinese market and consumer behavior? A: Neil Bowden mentioned that while the macro environment in China is challenging, the brand continues to resonate well with Chinese consumers globally. Recent events like Golden Week and Singles Day have shown positive momentum, and there is confidence in the long-term demand for Canada Goose products in China. Carrie Baker added that growth in wholesale and travel retail also supports their confidence in the region.\nQ: What are the priorities for the new head of merchandising, and how will you balance new product innovation with evergreen items? A: Carrie Baker explained that the new head of merchandising will work closely with the creative team to broaden the assortment while focusing on best sellers and icons. The goal is to maintain a clear and distinctive product offering that aligns with consumer demand and the brand's DNA of protection, performance, and style.\nFor the complete transcript of the earnings call, please refer to the full earnings call transcript.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482533480"}