Canada Goose(US:GOOS) Nan Fang Du Shi Bao·2025-08-02 03:36Core Viewpoint - Canada Goose reported a strong Q1 FY2026 financial performance with a 22.4% year-over-year revenue increase to CAD 107.8 million, surpassing market expectations, driven by significant growth in the Asia-Pacific region and the Greater China market [2][6] Revenue Growth - The direct-to-consumer (DTC) channel saw a revenue increase of 23.8% to CAD 78.1 million, marking seven consecutive months of positive growth, with same-store sales rising by 14.8% [4] - The Asia-Pacific region's overall revenue grew by 26.6%, while the Greater China market revenue increased by 18.7% to CAD 26 million, highlighting strong consumer demand for seasonal products [2][6] - North America experienced a revenue increase of 27.0%, with the U.S. market showing a remarkable growth of 45.4% [6] E-commerce Performance - The e-commerce channel in the Asia-Pacific region performed exceptionally well, with Douyin live streaming significantly boosting sales, enhancing brand confidence for the upcoming peak season [4] - Canada Goose's Douyin account has over 110,000 followers, with nearly 10,000 items sold, including 400 units of the women's pilot jacket priced at 6,400 yuan [4] Product Launches and Inventory - The Emerson short-sleeve T-shirt became the best-selling product, with the Beckley Polo and Chilliwack Fleece jacket also performing well, contributing to the growth of the core outerwear line [6] - Inventory levels decreased by 9% year-over-year by the end of Q1 [6] Sustainability Initiatives - The company reported a 9% and 25% year-over-year reduction in Scope 1 and Scope 3 carbon emissions, respectively, and fully matched Scope 2 emissions through investments in renewable energy projects [8] Financial Losses - Despite revenue growth, the company reported a significant increase in operating losses from CAD 96.9 million to CAD 158.7 million, primarily due to retail network expansion and high marketing expenditures [9] Shareholder Changes - Bain Capital, the majority shareholder, is reportedly considering selling its stake in Canada Goose, which it acquired in 2013 [10]