Core Viewpoint - Canada Goose (GOOS.US) shares rose over 17%, reaching $14.249, following news of a privatization offer from private equity firms Hillhouse Capital and Advent International, valuing the company at $1.35 billion [1] Group 1: Company Developments - The controlling shareholder, Bain Capital, has received a verbal privatization offer for Canada Goose [1] - Bain Capital is considering selling its stake in Canada Goose, with Goldman Sachs acting as the advisor for the transaction [1] - Other potential buyers include Bosideng (03998) and a consortium formed by FountainVest Partners and Anta (02020) [1]

Core Viewpoint - The stock price of Canada Goose (GOOS.US) has risen over 17%, reaching $14.249, following news of a privatization offer from Bain Capital's controlling shareholder, valuing the company at $1.35 billion [1] Group 1: Company Developments - Bain Capital has received a verbal privatization offer from private equity firms Boyu Capital and Advent International [1] - Bain Capital is considering selling its stake in Canada Goose, with Goldman Sachs acting as the advisor for the transaction [1] - Other potential buyers include Bosideng (03998) and a consortium formed by FountainVest Partners and Anta (02020) [1]

消息人士称，加拿大鹅控股股东贝恩资本已收到来自私募股权公司博裕资本及Advent International的私 有化口头报价，对其估值为13.5亿美元。据悉，贝恩资本正考虑出售所持有的加拿大鹅股份，高盛将担 任今次交易的顾问。(格隆汇) 加拿大鹅(GOOS.US)大涨近15%，报13.97美元，创近一个月新高。 ...

来源：环球市场播报 据知情人士消息，贝恩资本正考虑出售其持有的加拿大鹅部分或全部股份，并已开始评估潜在买家的初 步兴趣。这家私募巨头自2013年收购加拿大鹅控股权、2017年主导其上市以来，已陪伴品牌走过近12年 历程。 美股周三盘前，加拿大鹅美国存托凭证（Canada Goose，GOOS）股价飙升16.4%，此前有消息人士透 露，私募股权公司贝恩资本（Bain Capital）已收到收购这家冬季服装制造商的私有化要约。 ...

Group 1 - Canada Goose's shares rose nearly 7% in premarket trading following reports of bids to take the company private [1] - Bain Capital, the controlling shareholder, is looking to sell its stake in Canada Goose with Goldman Sachs advising on the transaction [1] - The offers to take the Toronto-listed company private are based on confidential information from unnamed sources [2]

Group 1 - Bain Capital, the controlling shareholder of Canada Goose, is receiving bids to take the company private at a valuation of approximately $1.4 billion, with Goldman Sachs advising on the sale [1] - Private equity firms Boyu Capital and Advent International have made verbal offers valuing Canada Goose at around $1.35 billion, based on eight times its 12-month average EBITDA [2] - Other interested buyers include Bosideng International and a consortium formed by FountainVest Capital and Anta Sports Product, which previously acquired Amer Sports in 2019 [3] Group 2 - Industry watchers suggest that privatizing Canada Goose would provide buyers with greater autonomy to restructure the company without the scrutiny of regular financial disclosures [4] - Bain Capital is delaying a decision until more offers are received, with due diligence expected to take less than two months once a buyer is selected [4] - Canada Goose's shares have increased over 21% this year, raising its market value to $1.18 billion, although this is significantly lower than its 2018 peak of $7.7 billion [5] Group 3 - As of March, Bain Capital owned approximately 60.5% of Canada Goose's multiple voting shares, which provide 10 times the voting power of publicly traded stock, giving Bain 55.5% of the total voting power [6]

Business Strategy - Canada Goose is diversifying its product line to include sweaters, sunglasses, and shoes [1] - The company aims to transform into an all-season brand [1] - The strategy seeks to maintain customer engagement and spending between parka purchases [1]

Financial Data and Key Metrics Changes - Fiscal year 2025 was marked by meaningful progress for Canada Goose, with strong momentum across the brand, retail execution, and operational discipline [1][3] - The company reduced inventory for six consecutive quarters and improved inventory turns while maintaining discipline in selling, general, and administrative expenses [3] Business Line Data and Key Metrics Changes - The apparel category is now the fastest-growing segment, with the introduction of technically advanced rainwear and the first eyewear collection [2] - Strategic channel development led to stronger conversion rates across comparable retail stores and enhanced digital experiences through AI-powered tools [2] Market Data and Key Metrics Changes - The company focused on building brand heat through targeted marketing investments, which resulted in elevated global engagement and commercial results [1][2] Company Strategy and Development Direction - Canada Goose is entering fiscal year 2026 with a focus on long-term value drivers, emphasizing product, brand, and consumer experience [3] - The company aims to expand its product offerings to enhance year-round relevance and is building relevance across seasons and lifestyles [2] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's momentum and strategic execution, highlighting the importance of focused marketing and operational efficiency [1][3] Other Important Information - All dollar amounts referenced in the meeting are in Canadian dollars, and forward-looking statements are subject to risks and uncertainties [11] Q&A Session Questions and Answers - There were no registered shareholders or duly appointed proxy holders present for the Q&A portion of the meeting, leading to its cancellation [26]

Core Insights - Canada Goose reported a strong start in Q1 of fiscal year 2026, achieving a global revenue increase of 22.4% year-over-year to CAD 108 million [1] - The direct-to-consumer (DTC) channel revenue grew by 23.8%, with comparable sales increasing by 14.8%, marking seven consecutive months of positive growth [1] Regional Performance - The Asia-Pacific market saw a revenue increase of 26.6%, supported by both online and offline channels, with Douyin live streaming significantly boosting e-commerce [2] - The Greater China market revenue grew by 18.7%, driven by strong performance in direct channels in mainland China, reflecting robust consumer demand for seasonal products [2] - North American sales increased by 27.0%, establishing a "dual-engine" growth model alongside Greater China [3] Strategic Execution - Canada Goose's growth is attributed to its focus on core strategic areas, including product expansion, marketing innovation, channel optimization, and operational efficiency [3] - The company successfully launched new products, such as the Emerson short-sleeve T-shirt, which became a best-seller, enhancing the overall product lineup [4] Marketing and Channel Development - The marketing strategy emphasized the spring/summer collection and the second season of the Snow Goose line, effectively engaging consumers and enhancing brand loyalty [5] - The company upgraded two temporary stores to specialty stores, increasing the total number of specialty stores to 76 globally, and revamped the Amsterdam flagship store to enhance the high-end retail experience [5] Operational Efficiency - Canada Goose achieved a 9% year-over-year reduction in inventory levels, reflecting effective inventory management and strong market demand [5] Sustainability Initiatives - The company is committed to sustainability, launching a "Moonshots" long-term vision focusing on product circularity, climate-positive initiatives, and community empowerment [6] - 87% of products utilize preferred fibers and materials, with significant advancements in sustainable materials and responsible sourcing practices [7] Carbon Reduction Goals - Canada Goose aims to reduce Scope 1 emissions by 9% and Scope 3 emissions by 25% by 2025, with a commitment to achieving net-zero emissions across the entire value chain by 2050 [9] Social Responsibility - The company has donated over CAD 7.5 million to the Polar Bears International since 2007 and continues to support various community initiatives [11] Conclusion - Canada Goose's strong performance in Q1 of fiscal year 2026 reflects its deep commitment to strategic core areas, product strength, channel effectiveness, and sustainability efforts, positioning the brand for continued growth [12]

Group 1 - The core viewpoint of the article highlights Canada Goose's strong financial performance in Q1 of FY2026, with global revenue increasing by 22.4% year-over-year, driven by direct-to-consumer (DTC) channel growth and new store openings [1] - The DTC channel revenue grew by 23.8% year-over-year, supported by improved same-store performance and increased store traffic conversion rates [1] - The Asia-Pacific region saw a revenue increase of 26.6%, significantly aided by live-streaming sales on Douyin, while the Greater China region's revenue grew by 18.7% due to strong performance in the DTC channel [1] Group 2 - Canada Goose reported that 87% of its products are made from preferred materials, with 89% of fabrics certified by bluesign, and 99% of packaging made from sustainable materials [2] - The company has achieved a 9% reduction in Scope 1 emissions and a 25% reduction in Scope 3 emissions, while investing in renewable energy projects to offset Scope 2 emissions [2] - Canada Goose has engaged in various social responsibility initiatives, including donations exceeding CAD 570,000 to the Polar Bear International Association and hosting resource center events in Northern Canada [2]