{"id":36742,"date":"2025-07-31T11:32:15","date_gmt":"2025-07-31T11:32:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/36742\/"},"modified":"2025-07-31T11:32:15","modified_gmt":"2025-07-31T11:32:15","slug":"luxury-parka-maker-canada-goose-posts-bigger-than-expected-quarterly-loss","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/36742\/","title":{"rendered":"Luxury parka maker Canada Goose posts bigger-than-expected quarterly loss"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -Canada Goose posted a bigger-than-expected quarterly loss on Thursday, hurt by increasing expenses related to investments in designing, merchandising and marketing of its luxury products such as puffer jackets and hoodies.<\/p>\n<p class=\"yf-1090901\">U.S.-listed shares of the company were down about 3% in premarket trading. They have gained about 27% this year.<\/p>\n<p class=\"yf-1090901\">The company incurred costs related to expansion of its global retail network and increased marketing spend with Spring-Summer 25 and Snow Goose campaigns.<\/p>\n<p class=\"yf-1090901\">On adjusted basis, it posted a loss of 91 Canadian cents per share during the first quarter, compared with analysts&#8217; average estimate of a loss of 88 Canadian cents, according to data compiled by LSEG.<\/p>\n<p class=\"yf-1090901\">Quarterly revenue rose to C$107.8 million ($77.86 million), from C$88.1 million a year ago. Analysts had estimated a 5.36% rise to C$92.8 million.<\/p>\n<p class=\"yf-1090901\">In May, Canada Goose had withheld from providing its fiscal 2026 forecast due to tariff-related uncertainty.<\/p>\n<p class=\"yf-1090901\">($1 = 1.3846 Canadian dollars)<\/p>\n<p class=\"yf-1090901\">(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Shilpi Majumdar)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -Canada Goose posted a bigger-than-expected quarterly loss on Thursday, hurt by increasing expenses related to investments in&hellip;\n","protected":false},"author":2,"featured_media":36743,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,27197,27201,44,27200,27199,27198],"class_list":{"0":"post-36742","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-ca","9":"tag-canada","10":"tag-canada-goose","11":"tag-luxury-products","12":"tag-news","13":"tag-premarket-trading","14":"tag-quarterly-loss","15":"tag-snow-goose"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/36742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=36742"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/36742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/36743"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=36742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=36742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=36742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}