US EditionCanada Goose Shares Soar as Company Sees ‘Minimal’ Impact From Tariffs
- Canada Goose Holdings Inc. Reported strong quarterly earnings on May 21, 2025, from its Toronto base, driven by winter wear sales and rising revenues.
- The company navigates tariff-related uncertainty caused by the ongoing global trade war and U.S. tariffs mainly targeting European-made products.
- Seventy-Five percent of Canada Goose products are made in Canada and exempt from U.S. Tariffs under the trade agreement with the U.S. And Mexico.
- Canada Goose posted $384.6 million in quarterly revenue, beating estimates, with net income rising to $27.1 million and shares closing up more than 19 percent.
- CEO Dani Reiss outlined a four-part plan focusing on marketing, product mix, store expansion, and efficiency to handle tariff risks and market challenges.
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castanet.net+7 Reposted by 7 other sources
Canada Goose shares soar as company sees 'minimal' impact from tariffs
Canada Goose Holdings Inc. executives say tariffs are having little impact on the business, but the uncertainty they pose is great enough that the company is withholding its outlook for this fiscal year.
·Kelowna, Canada
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Commercial War Canada Goose Estimates that the Impact Is Minimal
The management of Canada Goose Holdings asserts that tariffs have little impact on the company, but the uncertainty it creates is such that the company does not publish its outlook for this fiscal year.
·Montreal, Canada
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Leaning Left3Leaning Right2Center4Last UpdatedBias Distribution44% Center
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44% Center
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C 44%
R 22%
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