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Home.forex news reportStrong Q3 Revenue Growth Driven by D2C and Wholesale Channels

Strong Q3 Revenue Growth Driven by D2C and Wholesale Channels

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Canada Goose Holdings Inc. (NYSE:GOOS) is one of the best Canadian stocks to buy under $20. On February 5, Canada Goose reported a 13% year-over-year revenue increase to $695 million for FQ3 2026, which was driven by a 13% rise in D2C sales and a 14% gain in wholesale. Geographic performance was supported by a 20% revenue jump in North America and a 12% increase in the Asia Pacific region, particularly in mainland China.

The company’s expanded year-round product assortment, featuring lighter-weight fabrics and non-parka styles, contributed to doubling the revenue from new product offerings compared to the previous year. Despite the top-line growth, adjusted EBIT fell to $204 million with a margin of 29.3%, representing a 450-basis point contraction from the prior year. This decline was influenced by a 40-basis-point drop in gross margin due to a shift in product mix and a $66 million increase in SG&A expenses.

Management highlighted four consecutive quarters of positive D2C comparable sales growth and expressed confidence in long-term brand relevance following strategic marketing investments. Looking ahead, Canada Goose Holdings Inc. (NYSE:GOOS) aims to improve store and marketing efficiencies to drive margin expansion.

Canada Goose (GOOS): Strong Q3 Revenue Growth Driven by D2C and Wholesale Channels
Canada Goose (GOOS): Strong Q3 Revenue Growth Driven by D2C and Wholesale Channels

HighKey/Shutterstock.com

Canada Goose Holdings Inc. (NYSE: GOOS), together with its subsidiaries, designs, manufactures, and sells performance luxury outerwear, apparel, footwear, and accessories for men, women, youth, children, and babies. It operates through three segments: Direct-to-Consumer, Wholesale, and Other.

While we acknowledge the potential of GOOS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. Follow Insider Monkey on Google News.



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