Canada Goose reported a fiscal second-quarter loss of C$0.20 per share, smaller than the C$0.25 loss analysts expected. But the earnings beat came with mixed results: revenue grew, while comparable direct-to-consumer sales fell and the adjusted operating loss widened.
Canada Goose Holdings Inc. (TSX: GOOS) released results for the quarter ended September 30, 2026, before markets opened on November 5. Its loss of C$0.20 per share was 20% smaller than the calendar estimate of C$0.25 and slightly better than the C$0.21 loss forecast in earnings-trends data. The company reported revenue of C$274.0 million, up 5.9%. Its adjusted EBIT loss widened to C$21.6 million, and comparable direct-to-consumer sales fell 7.5%. Canada Goose reiterated its fiscal 2027 outlook. For Canadian investors, the earnings beat is worth noting, but it doesn’t settle questions about sales and profitability.
Recent earnings trend
Canada Goose Holdings Inc
GOOS.TO
GOOS.TO
Canada Goose Holdings Inc
WealthAwesomeMarket cap
$1.25B
P/E
22.9x
52W high
$20.44
52W low
$10.29
1W change
+14.61%
Beta
1.85
Analyst Price Targets
Based on analyst covering GOOS · as of Nov 2, 2026
Wall Street analysts forecast GOOS stock price to rise 3.5% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$13.07
+3.5% Upside
Previously C$13.14 on Oct 30, 2026
Current Price
C$12.63
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GOOS's historical volatility
30-Day Vol
35.8%
Annualized
90-Day Vol
34.6%
Annualized
Trend (90d)
+15.9%
Annualized drift
90d Mean
C$13.37
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$12.87 | C$11.38 – C$14.56 |
| 60 trading days | C$13.12 | C$11.02 – C$15.62 |
| 90 trading days | C$13.37 | C$10.79 – C$16.56 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 10 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-05 | -0.2000 | -0.2500 | +20.0% |
| 2026-06-30 | 2026-07-30 | -0.8900 | -0.9900 | +10.1% |
| 2026-03-31 | 2026-05-14 | 0.3700 | 0.4000 | -7.5% |
| 2025-12-31 | 2026-02-05 | 1.4300 | 1.6500 | -13.3% |
| 2025-09-30 | 2025-11-06 | -0.1400 | -0.1100 | -27.3% |
| 2025-06-30 | 2025-07-31 | -0.9100 | -0.8700 | -4.6% |
Investor takeaway: Canada Goose beat earnings estimates, but its recent record is mixed: it beat estimates in two of its last four comparable quarters and missed in two. Revenue growth is a positive sign, though falling comparable direct-to-consumer sales and a wider adjusted EBIT loss weigh on the results. The company reiterated its fiscal 2027 outlook, but the supplied information doesn’t include its detailed figures. Check the company’s release before drawing conclusions about its full-year outlook. See the GOOS stock page for more company and share information.
C$0.20 loss per share, versus C$0.25 expected
The loss was C$0.05 per share smaller than the calendar estimate, a 20% positive surprise. It was also C$0.01 better than the C$0.21 loss forecast in earnings-trends data. But the rest of the quarter matters too: revenue rose to C$274.0 million, while the adjusted EBIT loss widened and comparable direct-to-consumer sales fell. Earnings per share tell only part of the story.
Bull case
Canada Goose’s loss per share was smaller than both the calendar estimate and the earnings-trends forecast. Revenue also grew, and the company reiterated its fiscal 2027 outlook. The share price closed at C$12.63, above its 50-day moving average of C$11.10 but below its 200-day average of C$13.75. These figures show recent trading patterns, not where the stock will go. For valuation and company details, see the GOOS stock profile.
Bear case
A smaller-than-expected loss doesn’t mean Canada Goose is profitable. Its adjusted EBIT loss widened to C$21.6 million, and comparable direct-to-consumer sales fell 7.5%, raising questions about the strength of its retail business. Earnings-trends data put year-over-year EPS growth at -50.0%, with year-ago EPS of -C$0.14. The company has missed estimates in two of its last four comparable quarters, so this result doesn’t show a consistent pattern of beating expectations.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
