Luxury retailer Canada Goose withholds annual forecast on tariff uncertainty

Published: 2025-05-21 07:01:07 ET GOOS.TO

Published on 05/21/2025 at 07:01

(Reuters) -Canada Goose on Wednesday withheld from providing its fiscal 2026 forecast due to uncertainty stemming from the implementation of U.S. President Donald Trump's tariffs.

The parka maker beat fourth-quarter revenue estimates as its marketing and store expansion efforts helped aid demand for its luxury products including knitwear and fleece jackets.

The company's quarterly revenue rose to C$384.6 million ($277.15 million), from C$358 million a year ago. Analysts' estimated C$356.4 million, according to data compiled by LSEG.

($1 = 1.3877 Canadian dollars)

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Leroy Leo)