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Canada Goose announces agreement to sell Baffin to Royer. TORONTO - Canada Goose Holdings Inc. (NYSE: GOOS, TSX: GOOS) today announced it has entered into an agreement to sell Baffin Limited, the Canadian performance footwear brand, to L.P. Royer Inc., a leading Canadian manufacturer of work and military footwear. Canada Goose acquired Baffin in 2018 as its first step into the footwear category, gaining... August 5, 2026 at 8:33 a.m. TORONTO - Canada Goose Holdings Inc. (NYSE: GOOS, TSX: GOOS) today announced it has entered into an agreement to sell Baffin Limited, the Canadian performance footwear brand, to L.P. Royer Inc., a leading Canadian manufacturer of work and military footwear. Canada Goose acquired Baffin in 2018 as its first step into the footwear category, gaining valuable expertise and infrastructure as the company began building its own footwear capabilities as part of its lifestyle product expansion strategy. "This transaction is about focus. We've made meaningful progress evolving Canada Goose into a year-round lifestyle brand, and this gives us the opportunity to continue that momentum by simplifying our operating model, focusing resources on our highest-priority opportunities and drive long-term profitable growth," said Dani Reiss, Chairman & CEO, Canada Goose. "Paul Hubner has done a fantastic job building Baffin into the strong Canadian brand it is today. I'm grateful for everything he and the team have contributed over the years, and I'm excited to see Baffin continue to grow with Royer." Founded in 1979, Baffin has built a compelling reputation for technical footwear designed to perform in some of the world's most demanding environments. The brand is known for innovation, durability and craftsmanship, with deep Canadian roots and a strong performance heritage. Since launching its first footwear collection in 2021, Canada Goose has continued to invest in and expand the category, growing from extreme-weather boots into a broader assortment that includes lightweight hikers, everyday performance styles and sneakers. That evolution reflects Canada Goose's long-term commitment to footwear and its vision of building a broader lifestyle offering. The transaction allows for even greater focus and investment behind the Canada Goose brand across categories, seasons and markets. "Baffin is a respected Canadian brand with a long history of technical performance, durability and product expertise," said Simon La Rochelle, President, Royer. "We have long admired Baffin's heritage and look forward to supporting its continued growth while preserving the qualities that have made it successful." The transaction is expected to close in August, subject to customary closing conditions. About Canada Goose Canada Goose is dedicated to empowering discovery and pushing boundaries in design, functionality, and style. Inspired by our Canadian heritage, we craft high-performance outerwear, apparel, footwear, and accessories that elevate craftsmanship and embrace individuality. Rooted in resilience and driven by a pioneering spirit, we embolden explorers to thrive in all environments while preserving the planet they roam. For more information, visit www.canadagoose.com. About Royer Founded in 1934 and headquartered in Sherbrooke, Quebec, Royer is a Canadian manufacturer of technical footwear recognized for its performance, comfort, and durability, serving workers across the most diverse industrial sectors - mining, oil and gas, metallurgy, construction, and heavy industrial manufacturing. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the proposed divestiture of Baffin and expected closing and timing thereof. These forward-looking statements generally can be identified by the use of words such as "could," "continue," "expect," "may," "would," "will," and other words of similar meaning. Each forward-looking statement contained in this press release is subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the risk that the proposed divestiture of Baffin does not close for any reason and the other risk factors that are discussed in our Management's Discussion and Analysis ("MD&A") for the year ended March 29, 2026, and for the first quarter ended June 28, 2026, as well as under "Risk Factors" in our Annual Report on Form 20-F for the year ended March 29, 2026. You are also encouraged to read our filings with the SEC, available at www.sec.gov, and our filings with Canadian securities regulatory authorities available on SEDAR+ at www.sedarplus.ca for a discussion of these and other risks and uncertainties. Investors, potential investors, and others should give careful consideration to these risks and uncertainties. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Canada Goose considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Canada Goose. We caution investors not to rely on the forward-looking statements contained in this press release when making an investment decision in our securities. The forward-looking statements contained herein are made as of the date of this press release (or as of the date specifically indicated therein), and we do not assume any obligation to update any forward-looking statements except as required by applicable laws.

Canada Goose (NYSE:GOOS) issues quarterly earnings Results. July 31, 2026 Key points. * Canada Goose exceeded quarterly expectations: The company reported a loss of $0.64 per share versus consensus of $0.70, while revenue rose 10.3% year over year to $83.71 million, ahead of the $76.34 million estimate. * Growth was led by wholesale and expanding product categories: Wholesale revenue surged 65%, while apparel, rainwear and windwear helped diversify the business beyond down-filled outerwear. E-commerce also delivered double-digit growth. * Profitability and market risks remain concerns: Store traffic weakness drove a 3% decline in direct-to-consumer comparable sales, and potential U.S. tariffs could reduce fiscal 2027 operating margin by less than 200 basis points. Analysts remain split, with the stock carrying a consensus "Hold" rating and a $12.48 price target. * Five stocks we like better than Canada Goose. Canada Goose (NYSE:GOOS - Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.64) EPS for the quarter, topping analysts' consensus estimates of ($0.70) by $0.06, Zacks reports. The company had revenue of $83.71 million during the quarter, compared to the consensus estimate of $76.34 million. Canada Goose had a net margin of 1.42% and a return on equity of 14.60%. The company's quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.91 EPS. Here are the key takeaways from Canada Goose's conference call: * Q1 profitability improved significantly, with adjusted EBIT margin expanding more than 10 percentage points year over year to negative 87%, supported by gross-margin expansion, channel mix, and cost discipline. * Revenue increased 9% to CAD 119 million, led by strong demand for apparel, rainwear, and windwear; these newer spring/summer categories represented nearly 40% of revenue while down-filled outerwear also grew. * Wholesale revenue surged 65%, benefiting from a strong order book, reorders, and favorable shipment timing, while management said the spring-summer 2027 order book remains strong. E-commerce also posted double-digit growth across regions. * Store traffic remained soft, particularly in the U.S. and EMEA, contributing to a 3% decline in D2C comparable sales; management expects first-half margins to face modest pressure from higher marketing spending and logistics and e-commerce investments. * Potential U.S. tariffs could reduce fiscal 2027 operating margin by less than 200 basis points if implemented as proposed and without mitigation, although the company said it is evaluating actions to limit the impact. Canada Goose price performance. NYSE GOOS traded down $0.28 during midday trading on Friday, hitting $8.97. The company had a trading volume of 672,399 shares, compared to its average volume of 635,458. The company has a market capitalization of $871.83 million, a PE ratio of 69.04 and a beta of 1.61. The company has a current ratio of 2.63, a quick ratio of 1.58 and a debt-to-equity ratio of 0.65. The firm has a 50-day moving average price of $9.66 and a 200-day moving average price of $10.90. Canada Goose has a twelve month low of $8.75 and a twelve month high of $15.40. Here are the key news stories impacting Canada Goose this week: * Positive Sentiment: TD Cowen upgraded its outlook: The firm raised its price target from $13 to $18 and assigned a "Buy" rating, implying substantial upside from recent levels. This provides a positive signal about the brand's recovery and long-term growth prospects. Benzinga * Positive Sentiment: Revenue exceeded expectations: Fiscal first-quarter revenue rose 10.3% year over year to C$83.71 million, ahead of the approximately C$76.34 million analyst consensus. Management said customer engagement is expanding across more seasons and product categories as Canada Goose develops into a year-round luxury brand. Canada Goose Reports First Quarter Fiscal 2027 Results * Positive Sentiment: Shares were highlighted as a value opportunity: Zacks included GOOS among value stocks that could benefit as the Federal Reserve holds interest rates steady, although broader geopolitical risks are weighing on market sentiment. Zacks value stocks article * Neutral Sentiment: Quarterly loss was mixed: Canada Goose reported a loss of C$0.64 per share. That was better than the MarketBeat consensus estimate of a C$0.70 loss, but slightly below the Zacks estimate of a C$0.63 loss. The result also compares with C$0.91 of EPS in the prior-year quarter, highlighting ongoing profitability pressure. * Negative Sentiment: Profitability remains the main concern: Despite higher revenue, the company continues to report a seasonal loss, while its valuation remains demanding at roughly 69 times earnings. The stock is also below its 50-day and 200-day moving averages, suggesting cautious investor sentiment until earnings growth improves. Institutional inflows and outflows. A number of hedge funds have recently modified their holdings of the stock. Bank of America Corp DE lifted its position in Canada Goose by 1,557.5% during the second quarter. Bank of America Corp DE now owns 1,265,898 shares of the company's stock worth $14,165,000 after purchasing an additional 1,189,523 shares during the period. Marshall Wace LLP raised its position in shares of Canada Goose by 132.5% in the 4th quarter. Marshall Wace LLP now owns 1,540,714 shares of the company's stock valued at $19,952,000 after buying an additional 877,987 shares in the last quarter. Millennium Management LLC raised its position in shares of Canada Goose by 279.8% in the 4th quarter. Millennium Management LLC now owns 548,919 shares of the company's stock valued at $7,109,000 after buying an additional 404,374 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Canada Goose during the 4th quarter worth approximately $4,412,000. Finally, Two Sigma Investments LP boosted its position in shares of Canada Goose by 172.6% during the 3rd quarter. Two Sigma Investments LP now owns 312,661 shares of the company's stock worth $4,312,000 after acquiring an additional 197,948 shares in the last quarter. Institutional investors own 83.64% of the company's stock. Analyst Ratings changes. GOOS has been the topic of several analyst reports. Williams Trading lowered shares of Canada Goose from a "hold" rating to a "strong sell" rating in a research report on Friday, July 24th. Barclays cut their price objective on Canada Goose from $10.00 to $9.00 and set an "underweight" rating for the company in a research report on Friday, May 15th. Zacks Research raised Canada Goose from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 21st. Weiss Ratings downgraded shares of Canada Goose from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday. Finally, Wall Street Zen downgraded shares of Canada Goose from a "buy" rating to a "hold" rating in a research report on Saturday, July 25th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $12.48. Canada Goose company profile. Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style. Founded in 1957 as Metro Sportswear Ltd. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Canada Goose, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canada Goose wasn't on the list. 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Canada Goose unveils new season sunglasses collection. Canada Goose, the lifestyle brand and leading manufacturer of performance luxury apparel, presents the sun and optical frames protagonists of its Spring/Summer 2026 campaign. Inspired by the demands of the Arctic, the new collection blends style and functionality, drawing on the brand's signature technological innovation and uncompromising craftsmanship, applied to high-quality materials. Offering superior comfort and durability across men's, women's, and unisex frames, the Canada Goose eyewear collection represents the perfect balance of performance and sleek design. Part of the new Barrel Hinges Evolution family, these elegant unisex sunglasses feature a double-bridge silhouette and are crafted from Acetate Renew - a sustainable choice aligned with the brand's commitment to the environment. Equipped with a new custom five-barrel hinge that ensures durability and comfort, this model's slim frame maintains both strength and lightness. The Canada Goose Wordmark logo, subtly engraved on the temples, completes the sophisticated look of this model, featured in the Spring/Summer 2026 advertising campaign in Havana and also available in Black, Striped Gray, and Dark Havana. GC26603S SID Crafted from bio-injected material containing 60% plant-based resin, this men's style boasts a bold rectangular shape. Its performance-driven attitude is confirmed by the Sideris lenses, which enhance color vibrancy and reduce glare, and by rubber inserts on the temples tips and nose pads, ensuring a secure, comfortable fit and maximum comfort. The iconic Disc logo, symbolizing the brand's connection to the Arctic, decorates the temples. Featured in the Spring/Summer 2026 advertising campaign in Matte Blue, this style is also available in Matte Black, Matte Grey Metalized, and Matte Khaki Metalized. Inspired by the beauty of glaciers and the strength of natural elements, this women's sunglass style is crafted from faceted Acetate Renew for a sculptural effect that enhances its oval silhouette. Visible through the temples, the metal core wires' customization recalls the grosgrain texture typical of Canada Goose outerwear. This frame, blending sustainability and refinement, is featured in Black in the Spring/Summer 2026 advertising campaign, and is also available in Transparent Grey, Transparent Light Beige, and Orange Havana. GC26614SLB This sport-inspired mask, designed with a distinctive low-bridge fit and crafted from bio-injected, is a symbol of the brand's commitment to innovative and responsible design. The Sideris lenses, which enhance color perception and reduce visual fatigue, ensure clarity across all environments, while rubber inserts on the temple tips and nose pads provide a secure, comfortable grip during active wear. Completed by the signature Disc logo, a nod to the brand's Arctic heritage, this frame is featured in the Spring/Summer 2026 advertising campaign in Dark Havana, and is also offered in Black, Matte Black, and Matte Khaki.