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Canada Goose
(NYSE:GOOS) 

GOOS stock logo

Canada Goose Holdings Inc. designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia, Europe, and internationally. The company operates through three segments, Direct-to-Consumer, Wholesale, and Other. It offers parkas,...

Founded: 1957
Full Time Employees: 4,760 (Apr 2023)
CEO: Dani Reiss  
Sector: Consumer Cyclical
Industry: Apparel Manufacturing

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At a glance:
  • Premium Outerwear Brand With Strong Pricing Power: Canada Goose positions itself at the high end of the outerwear market, using premium pricing, brand equity, and limited discounting to support margins and protect brand perception.
  • Seasonality and Weather Sensitivity Drive Quarterly Volatility: Sales and profitability are typically weighted toward fall and winter demand, making results more sensitive to temperature patterns, tourism flows, and timing of wholesale orders.
  • Direct-to-Consumer Focus to Strengthen Margins and Customer Data: The company has emphasized growing its direct channel (stores and e-commerce) to capture retail margin, control merchandising, and improve customer insights versus relying on wholesale partners.
  • Growth Tied to International Expansion and Category Diversification: Longer-term upside is often linked to expanding in key international markets and broadening beyond parkas into lighter-weight apparel and accessories to reduce reliance on a single core product.
  • Key Risks: Demand Normalization, Inventory Management, and FX: Performance can be impacted by shifts in luxury spending, inventory levels and promotions, and currency fluctuations given global revenue exposure and cross-border cost structure.
Bull Thesis:
  • Strong Brand Equity and Luxury Positioning: Canada Goose has cultivated a powerful luxury brand image, known for quality, durability, and status. This strong brand equity allows for premium pricing, high margins, and resilience in the luxury market, attracting affluent consumers globally who seek high-performance and fashionable outerwear.
  • Global Expansion and Direct-to-Consumer (DTC) Growth: The company continues to expand its global footprint, particularly in high-growth luxury markets like Asia (China, Japan, Korea) and Europe. A strategic shift towards Direct-to-Consumer (DTC) channels, including e-commerce and owned retail stores, enhances profit margins, provides better control over brand experience, and fosters direct customer relationships, reducing reliance on wholesale partners.
  • Product Diversification Beyond Core Parkas: Canada Goose is actively diversifying its product portfolio beyond its iconic heavy winter parkas. Expansion into lighter-weight apparel, knitwear, footwear, and accessories helps to reduce seasonality, broaden consumer appeal, and tap into year-round demand, potentially increasing average transaction value and customer lifetime value.
  • Commitment to Sustainability and Ethical Sourcing: With increasing consumer demand for ethical and sustainable products, Canada Goose's initiatives, such as its fur-free policy, use of recycled materials, and commitment to responsible down standards, can enhance its brand reputation and appeal to a growing segment of environmentally and socially conscious consumers, potentially differentiating it from competitors.
Bear Thesis:
  • Over-reliance on Seasonal Winter Parkas: Despite diversification efforts, a significant portion of Canada Goose's revenue remains tied to expensive winter parkas. This makes the business highly seasonal and vulnerable to mild winters, unpredictable weather patterns, and shifts in fashion trends away from heavy outerwear, leading to potential revenue volatility.
  • Intense Competition and Market Saturation: The luxury outerwear market is highly competitive, with established players like Moncler, Stone Island, and emerging direct-to-consumer brands. This intense competition can lead to pricing pressures, increased marketing expenses, and difficulty in gaining significant market share, especially as the brand matures in key regions.
  • Sensitivity to Economic Downturns and Discretionary Spending: As a luxury brand, Canada Goose products are high-ticket discretionary items. In times of economic uncertainty, recession, or reduced consumer confidence, demand for such non-essential luxury goods can significantly decline, impacting sales and profitability. Inflationary pressures also reduce consumers' purchasing power for luxury items.
  • Brand Image and Ethical Concerns: While the company has gone fur-free, past controversies regarding animal welfare (e.g., down sourcing practices) and ongoing scrutiny from animal rights groups can continue to impact brand perception. Negative publicity or boycotts could alienate a segment of consumers and damage the brand's reputation, particularly among younger, ethically-minded buyers.
  • High Valuation and Growth Expectations: The stock may be priced for significant future growth, implying high expectations for continued expansion and profitability. Any slowdown in revenue growth, margin compression, or failure to meet analyst expectations could lead to a sharp correction in the stock price, as investors re-evaluate its growth prospects.
Main Competitors:
  • Moncler S.p.A. ($MONC.MI) (Luxury down jackets, parkas, apparel), A direct competitor in the luxury outerwear market, Moncler is renowned for its high-fashion down jackets and apparel, often at a higher price point than Canada Goose. It competes on brand prestige, cutting-edge design, and warmth, appealing to a similar affluent demographic seeking both style and performance in cold weather.
  • Arc'teryx (High-performance technical outerwear, parkas, shells, insulated jackets), Arc'teryx competes on technical performance, durability, and a growing luxury/urban fashion appeal. While often seen as more 'technical' or 'outdoor-focused,' their high-end parkas and insulated jackets are direct alternatives for consumers prioritizing superior function, quality, and minimalist design, often at a similar or higher price point.
  • The North Face (VF Corporation) ($VFC) (Parkas, insulated jackets, expedition gear (especially Summit Series, Black Series, and collaborations)), The North Face competes across a broader spectrum, but its premium lines (like Summit Series), high-end collaborations, and iconic status offer strong alternatives to Canada Goose. It appeals to consumers seeking performance, durability, and widespread brand recognition, often at a slightly more accessible price point than pure luxury brands but still with high quality and technical features.
  • Mackage (Luxury down coats, leather jackets, outerwear), Mackage is another direct luxury outerwear competitor, particularly in urban fashion markets. It offers stylish, high-quality down coats and jackets that appeal to a similar demographic seeking warmth, style, and brand prestige, often with a more overtly fashion-forward design aesthetic and premium materials like leather and fur trims.
Moat:
Canada Goose's primary moat lies in its strong brand recognition, its association with extreme cold weather performance, and its status as a luxury item. Its 'Made in Canada' heritage also contributes to its perceived quality and authenticity. However, it faces intense competition from a diverse set of players: direct luxury brands like Moncler and Mackage, which compete on fashion, design, and prestige; performance-luxury brands like Arc'teryx, which offer superior technical performance and durability; and broad-market premium brands like The North Face, which leverage massive scale and brand recognition. This competitive landscape forces Canada Goose to continually innovate in design, materials, and sustainability, while balancing its heritage with evolving fashion trends and consumer demands for ethical production and environmental responsibility.
Income Statements:
Quarterly
Annual
    Unit: USD2025-09-28 2025-06-29 2025-03-30 2024-12-29 2024-09-29 2024-06-30 2024-03-31 2023-12-31 2023-10-01 2023-07-02 2023-04-02 2023-01-01 2022-10-02 2022-07-03 2022-04-03 2022-01-02 2021-09-26 2021-06-27 2021-03-28 2020-12-27 2020-09-27 2020-06-28 2020-03-29 2019-12-29 2019-09-29 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 
                                       
      revenue
    272,600,000 107,800,000 384,600,000 607,900,000 267,800,000 88,100,000 358,000,000 609,900,000 281,100,000 84,800,000 293,200,000 576,700,000 277,200,000 69,900,000 223,100,000 586,100,000 232,900,000 56,300,000 208,800,000 474,000,000 194,800,000 26,100,000 140,900,000 452,100,000 294,000,000 71,100,000 156,200,000 399,300,000 230,300,000 44,700,000 -465,768,819 265,825,000 172,330,000 28,205,000  
      yoy
    1.79% 22.36% 7.43% -0.33% -4.73% 3.89% 22.10% 5.76% 1.41% 21.32% 31.42% -1.60% 19.02% 24.16% 6.85% 23.65% 19.56% 115.71% 48.19% 4.84% -33.74% -63.29% -9.80% 13.22% 27.66% 59.06% -133.54% 50.21% 33.64% 58.48%      
      qoq
    152.88% -71.97% -36.73% 127.00% 203.97% -75.39% -41.30% 116.97% 231.49% -71.08% -49.16% 108.04% 296.57% -68.67% -61.93% 151.65% 313.68% -73.04% -55.95% 143.33% 646.36% -81.48% -68.83% 53.78% 313.50% -54.48% -60.88% 73.38% 415.21% -109.60% -275.22% 54.25% 510.99%   
      cost of sales
    102,500,000 41,600,000 110,200,000 155,900,000 103,700,000 35,500,000 125,000,000 160,200,000 101,600,000 29,600,000 102,900,000 160,300,000 111,400,000 27,200,000 69,000,000 172,300,000 97,900,000 25,600,000 70,200,000 157,600,000 100,600,000 21,300,000 47,300,000 153,700,000 133,600,000 30,200,000 53,800,000 142,000,000 101,800,000 16,100,000 -196,761,431 96,805,000 85,237,000 14,963,000  
      gross profit
    170,100,000 66,200,000 274,400,000 452,000,000 164,100,000 52,600,000 233,000,000 449,700,000 179,500,000 55,200,000 190,300,000 416,400,000 165,800,000 42,700,000 154,100,000 413,800,000 135,000,000 30,700,000 138,600,000 316,400,000 94,200,000 4,800,000 93,600,000 298,400,000 160,400,000 40,900,000 102,400,000 257,300,000 128,500,000 28,600,000 -269,007,388 169,020,000 87,093,000 13,242,000  
      yoy
    3.66% 25.86% 17.77% 0.51% -8.58% -4.71% 22.44% 8.00% 8.26% 29.27% 23.49% 0.63% 22.81% 39.09% 11.18% 30.78% 43.31% 539.58% 48.08% 6.03% -41.27% -88.26% -8.59% 15.97% 24.82% 43.01% -138.07% 52.23% 47.54% 115.98%      
      qoq
    156.95% -75.87% -39.29% 175.44% 211.98% -77.42% -48.19% 150.53% 225.18% -70.99% -54.30% 151.15% 288.29% -72.29% -62.76% 206.52% 339.74% -77.85% -56.19% 235.88% 1862.50% -94.87% -68.63% 86.03% 292.18% -60.06% -60.20% 100.23% 349.30% -110.63% -259.16% 94.07% 557.70%   
      gross margin %
    62.40% 61.41% 71.35% 74.35% 61.28% 59.70% 65.08% 73.73% 63.86% 65.09% 64.90% 72.20% 59.81% 61.09% 69.07% 70.60% 57.96% 54.53% 66.38% 66.75% 48.36% 18.39% 66.43% 66.00% 54.56% 57.52% 65.56% 64.44% 55.80% 63.98% 57.76% 63.58% 50.54% 46.95%  
      selling, general & administrative expenses
    187,700,000 224,900,000 219,300,000 247,700,000 162,500,000 149,500,000 209,900,000 250,900,000 177,200,000 154,900,000 173,100,000 222,100,000 161,100,000  219,900,000 184,100,000 101,300,000                   
      operating income
    -17,600,000 -158,700,000 55,100,000 204,300,000 1,600,000 -96,900,000 23,100,000 198,800,000 2,300,000 -99,700,000 17,200,000 194,300,000 4,700,000 -80,700,000 200,000 205,900,000 11,300,000 -60,700,000 7,800,000 153,300,000 15,100,000 -59,300,000 -17,200,000 161,400,000 75,400,000  11,700,000 139,900,000 65,000,000 -19,900,000 -123,162,872 89,825,000 48,234,000   
      yoy
    -1200.00% 63.78% 138.53% 2.77% -30.43% -2.81% 34.30% 2.32% -51.06% 23.54% 8500.00% -5.63% -58.41% 32.95% -97.44% 34.31% -25.17% 2.36% -145.35% -5.02% -79.97%  -247.01% 15.37% 16.00%  -109.50% 55.75% 34.76%       
      qoq
    -88.91% -388.02% -73.03% 12668.75% -101.65% -519.48% -88.38% 8543.48% -102.31% -679.65% -91.15% 4034.04% -105.82% -40450.00% -99.90% 1722.12% -118.62% -878.21% -94.91% 915.23% -125.46% 244.77% -110.66% 114.06%   -91.64% 115.23% -426.63% -83.84% -237.11% 86.23%    
      operating margin %
    -6.46% -147.22% 14.33% 33.61% 0.60% -109.99% 6.45% 32.60% 0.82% -117.57% 5.87% 33.69% 1.70% -115.45% 0.09% 35.13% 4.85% -107.82% 3.74% 32.34% 7.75% -227.20% -12.21% 35.70% 25.65% 0% 7.49% 35.04% 28.22% -44.52% 26.44% 33.79% 27.99% 0%  
      net interest, finance and other costs
    11,500,000 5,400,000 10,000,000 14,300,000 8,500,000 3,200,000 5,900,000 14,800,000 13,600,000 14,500,000 21,800,000 6,000,000 6,800,000 7,400,000 7,000,000 7,600,000 7,900,000 16,500,000 5,675,000 10,000,000 6,000,000 6,700,000              
      income before income taxes
    -29,100,000 -164,100,000 45,100,000 190,000,000 -6,900,000 -100,100,000 17,200,000 184,000,000 -11,300,000 -114,200,000 -4,600,000 188,300,000 -2,100,000 -88,100,000 -6,800,000 198,300,000 3,400,000 -77,200,000 -400,000 143,300,000 9,100,000 -66,000,000 -21,700,000 155,600,000 69,500,000  8,600,000 136,000,000 60,900,000 -23,000,000 -113,098,760 86,439,000 44,635,000   
      income tax recovery
    -11,700,000 -38,600,000   -13,200,000 -26,100,000   -15,400,000 -29,200,000   -7,100,000 -24,500,000   -5,600,000 -20,500,000    -15,900,000        -4,300,000      
      net income
    -17,400,000 -125,500,000 27,700,000 143,600,000 6,300,000 -74,000,000 7,600,000 131,400,000 4,100,000 -85,000,000 -10,000,000 137,500,000 5,000,000 -63,600,000 -9,600,000 151,900,000 9,000,000 -56,700,000 2,900,000 107,000,000 10,400,000 -50,100,000 2,500,000 118,000,000 60,600,000  9,000,000 103,400,000 49,900,000 -18,700,000 -87,866,945 62,925,000 37,127,000   
      yoy
    -376.19% 69.59% 264.47% 9.28% 53.66% -12.94% -176.00% -4.44% -18.00% 33.65% 4.17% -9.48% -44.44% 12.17% -431.03% 41.96% -13.46% 13.17% 16.00% -9.32% -82.84%  -72.22% 14.12% 21.44%  -110.24% 64.32% 34.40%       
      qoq
    -86.14% -553.07% -80.71% 2179.37% -108.51% -1073.68% -94.22% 3104.88% -104.82% 750.00% -107.27% 2650.00% -107.86% 562.50% -106.32% 1587.78% -115.87% -2055.17% -97.29% 928.85% -120.76% -2104.00% -97.88% 94.72%   -91.30% 107.21% -366.84% -78.72% -239.64% 69.49%    
      net income margin %
    -6.38% -116.42% 7.20% 23.62% 2.35% -84.00% 2.12% 21.54% 1.46% -100.24% -3.41% 23.84% 1.80% -90.99% -4.30% 25.92% 3.86% -100.71% 1.39% 22.57% 5.34% -191.95% 1.77% 26.10% 20.61% 0% 5.76% 25.90% 21.67% -41.83% 18.86% 23.67% 21.54% 0%  
      attributable to:
                                       
      shareholders of the company
    -15,200,000 -125,200,000 27,100,000 139,700,000 5,400,000 -77,400,000 5,000,000 130,600,000 3,900,000 -81,100,000 -3,100,000 134,900,000 3,300,000                       
      non-controlling interest
    -2,200,000 -300,000 600,000 3,900,000 900,000 3,400,000 2,600,000 800,000 200,000 -3,900,000 -6,900,000 2,600,000 1,700,000 -1,200,000                      
      earnings per share attributable to shareholders of the company
                                       
      basic
    -0.16  0.28 1.44 0.06  0.06 1.3 0.04  -0.03 1.28 0.03  -0.09 1.42 0.08  0.03 0.97 0.09  0.02 1.08 0.55  0.08 0.94 0.46  0.08 0.59 0.35   
      diluted
    -0.16  0.28 1.42 0.06  0.05 1.29 0.04  -0.03 1.28 0.03  -0.08 1.41 0.08  0.02 0.96 0.09  0.02 1.07 0.55  0.08 0.93 0.45  0.07 0.56 0.33   
      loss per share attributable to shareholders of the company
                                       
      basic and diluted
     -1.29    -0.8    -0.78    -0.59                      
      income tax expense
      17,400,000 46,400,000   9,600,000 52,600,000   5,400,000 50,800,000   2,800,000 46,400,000   -3,300,000 36,300,000   -24,200,000 37,600,000 8,900,000  -400,000 32,600,000 11,000,000  -25,231,815 23,514,000 7,508,000   
      statement of operations data:
                                       
      gross margin
                 61,100,000    54,500,000    18,400,000        64,000,000      
      sg&a expenses
                 123,400,000    71,600,000                  
      sg&a expenses as % of revenue
                 176,500,000    127,200,000    186,200,000        100,900,000      
      operating margin
                 -115,500,000    -107,800,000                  
      effective tax rate
                 27,800,000    26,600,000    24,100,000        18,700,000      
      net loss attributable to shareholders of the company
                 -62,400,000                      
      weighted-average number of shares outstanding
                                       
      basic and diluted
                 105,234,474,000,000    110,504,248    110,080,288              
      non-ifrs financial measures:1
                                       
      adjusted ebit
                 -75.6    -60.2    -46.5              
      adjusted ebit margin
                 -108.2    -106.9                  
      adjusted net loss attributable to shareholders of the company
                 -58.5                      
      adjusted net loss per basic and diluted share attributable to shareholders of the company
                 -0.56                      
      depreciation and amortization
                  16,500,000 23,800,000 22,400,000 19,800,000 19,200,000 18,400,000 16,700,000 15,500,000 14,900,000 13,400,000 11,500,000 10,900,000 5,700,000 5,300,000 3,600,000 3,400,000 -6,876,626 2,404,000 2,314,000 2,168,000  
      other comprehensive income
                  -2,300,000 -8,300,000 300,000 -1,700,000 -8,200,000 -1,500,000 2,100,000 2,000,000    3,900,000 -3,000,000 1,900,000 2,100,000 -300,000   1,259,000 42,000  
      items that will not be reclassified to earnings, net of tax:
                                       
      actuarial gain on post-employment obligation
                  -100,000  200,000              26,250  157,000   
      items that may be reclassified to earnings, net of tax:
                                       
      cumulative translation adjustment gain
                  -15,400,000 -9,900,000 1,700,000                   
      net loss on derivatives designated as cash flow hedges
                  -650,000 -700,000 -2,000,000                   
      reclassification of net loss on cash flow hedges to income
                  1,900,000 2,300,000 400,000  1,525,000 2,300,000 1,900,000  150,000 1,100,000   400,000  1,500,000       
      net gain on derivatives designated as a net investment hedge
                      50,000 -600,000 -800,000  275,000  1,500,000  375,000         
      comprehensive income
                  -11,900,000 143,600,000 9,300,000  17,475,000 105,500,000 12,500,000  36,800,000 114,700,000 58,000,000  34,575,000 105,300,000 52,000,000  21,900,250 61,262,000 38,386,000   
      earnings per share
                                       
      basic
    -0.16  0.28 1.44 0.06  0.06 1.3 0.04  -0.03 1.28 0.03  -0.09 1.42 0.08  0.03 0.97 0.09  0.02 1.08 0.55  0.08 0.94 0.46  0.08 0.59 0.35   
      diluted
    -0.16  0.28 1.42 0.06  0.05 1.29 0.04  -0.03 1.28 0.03  -0.08 1.41 0.08  0.02 0.96 0.09  0.02 1.07 0.55  0.08 0.93 0.45  0.07 0.56 0.33   
      comprehensive loss
                     -58,400,000    -48,100,000        -19,000,000      
      loss per share
                                       
      basic and diluted
                     -0.51    -0.46    -0.27          
      non-ifrs financial measures:
                                       
      ebit
                     -60.7    -59.3              
      adjusted net loss
                     -50    -38.4        -17.1      
      adjusted net loss per basic and diluted share
                     -0.45    -0.35        -0.16      
      selling, general and administrative expenses
                      111,600,000 144,700,000 62,400,000 48,600,000 95,900,000 123,600,000 73,500,000 57,500,000 85,000,000 112,100,000 59,900,000 45,100,000 -138,967,890 76,791,000 36,545,000 25,832,000  
      actuarial loss on post-employment obligation
                      -75,000 -500,000                
      cumulative translation adjustment
                      50,000  1,800,000   500,000   400,000 3,600,000   245,000 649,000 119,000 212,000  
      net gain on derivatives designated as cash flow hedges
                      -900,000 -2,700,000 -1,000,000  225,000  1,700,000 3,800,000  600,000 600,000  99,500     
      income tax (recovery) expense
                        -1,300,000               
      actuarial income on post-employment obligation
                        200,000               
      other data:
                                       
      net interest and other finance costs
                          4,500,000 5,800,000 5,900,000 12,200,000 3,100,000 3,900,000 4,100,000 3,100,000 -10,064,112 3,386,000 3,599,000 3,092,000  
      reclassification of net income on cash flow hedges to income
                             1,000,000          
      net gain on net investment hedge
                                1,100,000       
      operating loss as % revenue
                                       
      earnings per share
                                       
      basic and diluted
                                 -0.17      
      weighted-average number of shares outstanding
                                       
      basic
                      110,261,600    109,892,031    109,422,574   108,660,494 107,250,039     
      ebitda
                                 -15.5      
      adjusted ebitda
                                 -13.5      
      adjusted ebitda margin
                                       
      other comprehensive loss
                                       
      items that will not be reclassified to earnings, net of tax
                                       
      reclassification of gains on cash flow hedges to income
                                     18,000  
      net loss on net investment hedge
                                       
      items that will not be reclassified to earnings:
                                       
      items that may be reclassified to earnings:
                                       
      net gain on derivatives designated as cash flow hedges, net of tax of 383 and 332 for the three and six months ended september 30, respectively
                                    1,126,000   
      reclassification of gains on cash flow hedges to income, net of tax recovery of 49 and 43, for the three and six months ended september 30, respectively
                                       
      net income on derivatives designated as cash flow hedges, net of tax of 51
                                       
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-09-28 2025-06-29 2025-03-30 2024-12-29 2024-09-29 2024-06-30 2024-03-31 2023-12-31 2023-10-01 2023-07-02 2023-04-02 2023-01-01 2022-10-02 2022-07-03 2022-04-03 2022-01-02 2021-09-26 2021-06-27 2021-03-28 2020-12-27 2020-09-27 2020-06-28 2020-03-29 2019-12-29 2019-09-29 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 
                                         
        assets
                                         
        current assets
                                         
        cash
      94,200,000 180,500,000 334,400,000 285,200,000 68,800,000 61,900,000 144,900,000 154,300,000 37,500,000 48,000,000 286,500,000 344,200,000 97,100,000 81,800,000 287,700,000 407,600,000 98,900,000 305,900,000 477,900,000 469,000,000 156,300,000 160,100,000 31,700,000 72,000,000 34,200,000 25,000,000 88,600,000 102,300,000 32,200,000 14,600,000 95,290,000 62,127,000 13,314,000 13,103,000 9,678,000 
        trade receivables
      155,400,000 73,100,000 82,800,000 174,900,000 143,100,000 50,400,000 70,400,000 144,500,000 146,500,000 50,900,000 50,900,000 120,900,000 150,000,000 48,200,000 42,700,000 108,000,000 111,200,000 39,200,000 40,900,000 118,200,000 114,900,000 28,200,000 32,300,000 118,200,000 148,300,000 31,300,000 20,400,000 97,500,000 114,500,000 12,400,000 11,944,000 78,379,000 99,587,000 8,543,000 8,710,000 
        inventories
      460,700,000 439,500,000 384,000,000 407,400,000 473,400,000 484,300,000 445,200,000 478,400,000 519,700,000 522,100,000 472,600,000 482,000,000 511,500,000 504,700,000 393,300,000 368,100,000 416,400,000 404,500,000 342,300,000 339,000,000 417,200,000 428,600,000 412,300,000 348,100,000 365,200,000 366,100,000 267,300,000 217,800,000 226,200,000 239,500,000 165,372,000 124,826,000 154,464,000 176,969,000 125,464,000 
        income taxes receivable
      34,700,000 31,600,000 10,200,000 15,900,000 19,000,000 31,000,000 28,000,000 8,100,000 17,200,000 6,600,000 900,000 5,700,000 10,500,000 4,800,000 1,100,000 500,000 9,300,000 6,600,000 4,800,000 5,400,000 10,800,000 11,900,000 12,000,000  5,500,000 9,400,000 4,000,000  4,700,000 8,000,000 5,093,000  3,809,000 5,557,000 4,215,000 
        other current assets
      70,400,000 59,000,000 63,800,000 55,000,000 66,900,000 57,400,000 52,300,000 61,000,000 82,600,000 76,900,000 52,300,000 58,300,000 63,400,000 52,400,000 37,500,000 38,100,000 49,400,000 34,400,000 31,000,000 25,000,000 36,900,000 40,600,000 35,900,000 36,000,000 34,900,000 40,300,000 32,900,000 28,400,000 28,500,000 32,400,000 23,270,000 17,446,000 12,144,000 12,452,000 15,156,000 
        total current assets
      815,400,000 783,700,000 875,200,000 938,400,000 771,200,000 685,000,000 740,800,000 846,300,000 803,500,000 704,500,000 863,200,000 1,011,100,000 832,500,000 691,900,000 762,300,000 922,300,000 685,200,000 790,600,000 896,900,000 956,600,000 736,100,000 669,400,000 524,200,000 574,300,000 588,100,000 472,100,000 413,200,000 446,000,000 406,100,000 306,900,000 300,969,000 282,778,000 283,318,000 216,624,000 163,223,000 
        deferred income taxes
      140,600,000 114,600,000 95,700,000 102,400,000 136,800,000 96,800,000 76,300,000 90,300,000 119,200,000 92,500,000 67,500,000 67,700,000 90,000,000 73,900,000 53,200,000 64,100,000 77,500,000 60,100,000 46,900,000 47,800,000 62,100,000 53,500,000 40,800,000 26,400,000 38,900,000 27,900,000 12,200,000 8,800,000 14,400,000 10,500,000 3,045,000 6,804,000 10,217,000 10,080,000 3,998,000 
        property, plant and equipment
      166,800,000 159,200,000 161,600,000 164,900,000 165,000,000 165,700,000 171,800,000 177,200,000 179,300,000 172,000,000 156,000,000 128,500,000 122,400,000 110,500,000 114,200,000 123,100,000 125,900,000 119,900,000 116,500,000 122,500,000 120,100,000 115,000,000 115,100,000 113,700,000 102,700,000 87,400,000 84,300,000 82,200,000 73,100,000 64,200,000 60,172,000 57,136,000 46,096,000 40,393,000 36,467,000 
        intangible assets
      129,900,000 130,900,000 131,900,000 132,200,000 133,900,000 133,600,000 135,100,000 132,100,000 132,400,000 133,100,000 135,100,000 132,900,000 133,300,000 134,700,000 122,200,000 154,700,000 154,800,000 155,500,000 155,000,000 156,100,000 157,400,000 159,500,000 161,700,000 159,900,000 157,600,000 153,900,000 155,600,000 150,900,000 143,100,000 140,100,000 136,800,000 135,212,000 134,656,000 131,721,000 131,912,000 
        right-of-use assets
      280,900,000 268,900,000 280,200,000 299,400,000 286,200,000 293,800,000 279,800,000 272,700,000 280,000,000 281,300,000 291,800,000 275,600,000 274,300,000 253,200,000 215,200,000 241,200,000 253,000,000 240,800,000 233,700,000 240,400,000 247,700,000 211,700,000 211,800,000 205,000,000 210,500,000 198,500,000          
        goodwill
      72,000,000 72,000,000 72,000,000 71,300,000 71,700,000 70,400,000 70,800,000 76,500,000 62,700,000 62,800,000 63,900,000 65,000,000 64,100,000 64,700,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 53,100,000 45,300,000 45,300,000 45,269,000 45,269,000 45,269,000 45,269,000 45,269,000 
        other long-term assets
      1,200,000 1,200,000 100,000 15,600,000 1,900,000 5,400,000 7,000,000 6,800,000 12,200,000 12,300,000 12,500,000 22,200,000 26,900,000 17,800,000 20,400,000 8,200,000 5,200,000 4,400,000 5,100,000 100,000 1,100,000 2,200,000 6,000,000 1,400,000 4,600,000 2,800,000 7,000,000 9,100,000 2,600,000 4,500,000 2,183,000 483,000    
        total assets
      1,606,800,000 1,530,500,000 1,616,700,000 1,724,200,000 1,566,700,000 1,450,700,000 1,481,600,000 1,601,900,000 1,589,300,000 1,458,500,000 1,590,000,000 1,703,000,000 1,543,500,000 1,346,700,000 1,340,600,000 1,566,700,000 1,354,700,000 1,424,400,000 1,507,200,000 1,576,600,000 1,377,600,000 1,264,400,000 1,112,700,000 1,133,800,000 1,155,500,000 995,700,000 725,400,000 750,100,000 684,600,000 571,500,000 548,438,000 527,682,000 519,556,000 444,087,000 380,869,000 
        liabilities
                                         
        current liabilities
                                         
        accounts payable and accrued liabilities
      228,200,000 236,900,000 171,500,000 215,600,000 155,400,000 144,300,000 177,700,000 268,800,000 210,200,000 178,600,000 195,600,000 262,000,000 218,400,000 165,600,000 176,200,000 244,500,000 195,200,000 149,600,000 177,800,000 207,700,000 163,600,000 134,800,000 136,800,000 171,800,000 134,500,000 100,000,000 110,400,000 137,500,000 93,000,000 90,000,000 109,556,000 96,121,000 63,810,000 47,362,000 58,223,000 
        provisions
      43,300,000 35,700,000 40,100,000 69,700,000 44,900,000 40,800,000 26,100,000 55,000,000 20,500,000 16,300,000 21,600,000 46,600,000 21,700,000 16,200,000 18,500,000 43,200,000 18,000,000 13,400,000 20,000,000 45,000,000 17,900,000 10,800,000 15,600,000 27,200,000 9,300,000 5,900,000 8,100,000 15,200,000 7,300,000 4,300,000 6,300,000 15,779,000 6,914,000 4,733,000 6,046,000 
        income taxes payable
      25,400,000 19,200,000 28,600,000 25,900,000 23,600,000 15,200,000 16,800,000 14,500,000 7,700,000 9,600,000 31,500,000 31,800,000 12,900,000 13,200,000 24,500,000 36,900,000 16,400,000 10,400,000 19,100,000 21,000,000 13,100,000 11,700,000 13,000,000 18,500,000 9,300,000 5,600,000 18,100,000 20,300,000 3,600,000 300,000 17,740,000 15,730,000    
        short-term borrowings
      45,000,000 12,600,000 4,300,000 70,600,000 109,800,000 36,800,000 9,400,000 38,700,000 80,700,000 48,400,000 27,600,000 52,400,000 57,300,000 30,800,000 3,800,000 3,800,000 27,300,000 10,900,000  7,000,000 11,000,000 2,600,000   17,800,000           
        current portion of lease liabilities
      89,300,000 84,200,000 83,900,000 84,700,000 83,100,000 82,500,000 79,900,000 76,400,000 77,100,000 75,300,000 76,100,000 66,600,000 65,400,000 59,900,000 58,500,000 61,700,000 55,800,000 49,600,000 45,200,000                 
        total current liabilities
      431,200,000 388,600,000 328,400,000 466,500,000 416,800,000 319,600,000 309,900,000 453,400,000 396,200,000 328,200,000 352,400,000 459,400,000 375,700,000 285,700,000 281,500,000 390,100,000 312,700,000 233,900,000 262,100,000 325,000,000 249,100,000 197,700,000 201,300,000 251,300,000 203,500,000 139,600,000 136,600,000 173,000,000 103,900,000 94,600,000 133,596,000 127,630,000 70,724,000 52,095,000 64,269,000 
        revolving facility
      7,400,000    60,500,000 53,300,000   85,000,000    55,100,000        222,500,000 207,900,000   177,700,000 159,600,000   124,300,000 76,900,000   116,775,000 97,277,000  
        term loan
      408,600,000 388,600,000 407,700,000 410,500,000 385,700,000 391,500,000 388,500,000 381,000,000 391,400,000 383,000,000 391,600,000 393,400,000 402,700,000 377,100,000 366,200,000 370,800,000 372,900,000 363,200,000 367,800,000 376,100,000 151,200,000 154,600,000 158,100,000 147,600,000 149,300,000 147,600,000 145,200,000 147,100,000 138,500,000 140,400,000 137,074,000 132,619,000 131,285,000 136,560,000 6,642,000 
        lease liabilities
      243,800,000 236,500,000 246,900,000 265,300,000 254,800,000 262,200,000 250,600,000 244,900,000 253,200,000 252,600,000 258,700,000 250,300,000 250,100,000 230,600,000 192,200,000 208,500,000 224,000,000 214,700,000 209,600,000 44,300,000 43,500,000 37,800,000 35,900,000 33,800,000 32,600,000 28,100,000          
        other long-term liabilities
      50,600,000 42,100,000 40,300,000 43,100,000 52,100,000 43,400,000 54,600,000 70,900,000 56,500,000 62,600,000 56,900,000 42,900,000 38,500,000 52,900,000 25,700,000 22,500,000 21,700,000 27,600,000 20,400,000 16,400,000 6,400,000 4,200,000 4,600,000 4,800,000 6,500,000 6,800,000 13,100,000 12,600,000 10,400,000 10,800,000 10,100,000 6,548,000 3,673,000 3,167,000 3,929,000 
        total liabilities
      1,170,500,000 1,083,900,000 1,060,100,000 1,214,800,000 1,197,800,000 1,095,300,000 1,058,100,000 1,201,000,000 1,233,600,000 1,072,900,000 1,112,500,000 1,204,900,000 1,177,000,000 994,800,000 912,700,000 1,041,800,000 978,700,000 879,000,000 907,100,000 975,700,000 887,900,000 790,200,000 592,500,000 624,100,000 762,700,000 663,500,000 326,300,000 361,500,000 404,200,000 345,700,000 304,828,000 291,956,000 346,121,000 309,658,000 234,701,000 
        equity
                                         
        equity attributable to shareholders of the company
      423,800,000 431,700,000 541,200,000 494,700,000 357,900,000 345,500,000 417,000,000 396,500,000 352,200,000 381,900,000 469,500,000 484,100,000 355,400,000                       
        non-controlling interests
      12,500,000 14,900,000 15,400,000 14,700,000 11,000,000 9,900,000 6,500,000 4,400,000 3,500,000 3,700,000 8,000,000 14,000,000 11,100,000                       
        total equity
      436,300,000 446,600,000 556,600,000 509,400,000 368,900,000 355,400,000 423,500,000 400,900,000 355,700,000 385,600,000 477,500,000 498,100,000 366,500,000                       
        total liabilities and equity
      1,606,800,000 1,530,500,000 1,616,700,000 1,724,200,000 1,566,700,000 1,450,700,000 1,481,600,000 1,601,900,000 1,589,300,000 1,458,500,000 1,590,000,000 1,703,000,000 1,543,500,000                       
        shareholders' equity
                   351,900,000 427,900,000 524,900,000 376,000,000 545,400,000 600,100,000 600,900,000 489,700,000 474,200,000 520,200,000 509,700,000 392,800,000 332,200,000  388,600,000 280,400,000 225,800,000  235,726,000 173,435,000 134,429,000  
        total liabilities and shareholders' equity
                   1,346,700,000 1,340,600,000 1,566,700,000 1,354,700,000 1,424,400,000 1,507,200,000 1,576,600,000 1,377,600,000 1,264,400,000 1,112,700,000 1,133,800,000 1,155,500,000 995,700,000  750,100,000 684,600,000 571,500,000  527,682,000 519,556,000 444,087,000  
        shareholders’ equity
                                399,100,000    243,610,000    146,168,000 
        total liabilities and shareholders’ equity
                                725,400,000    548,438,000    380,869,000 
        current portion of long-term debt
                                         
        credit facility
                                        139,447,000 
        subordinated debt
                                         
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-09-28 2025-06-29 2025-03-30 2024-12-29 2024-09-29 2024-06-30 2024-03-31 2023-12-31 2023-10-01 2023-07-02 2023-04-02 2023-01-01 2022-10-02 2022-07-03 2022-04-03 2022-01-02 2021-09-26 2021-06-27 2021-03-28 2020-12-27 2020-09-27 2020-06-28 2020-03-29 2019-12-29 2019-09-29 2019-06-30 2019-03-31 2018-12-31 2017-12-31 2017-09-30 2017-06-30 
                                       
          operating activities
                                       
          net gain
                                       
          items not affecting cash:
                                       
          depreciation and amortization
        500,000 31,200,000 98,100,000 400,000 -500,000 32,700,000 93,800,000 1,600,000 1,400,000 29,200,000 82,100,000 600,000 600,000 25,800,000 68,600,000 1,400,000 2,300,000 23,500,000 60,100,000 6,000,000 -300,000 18,800,000 46,600,000 2,400,000 800,000 13,300,000 16,300,000 1,900,000 9,271,000 6,010,000 3,063,000 
          income tax expense
          -21,900,000    -35,000,000    -26,200,000    -23,300,000    -20,500,000    -25,600,000 28,700,000   6,300,000 21,600,000 25,261,000 1,747,000  
          interest expense
        6,000,000 4,400,000 29,800,000 4,100,000 -1,000,000 11,800,000 32,600,000 -1,100,000 5,500,000 7,400,000 25,300,000 -500,000 2,200,000 7,000,000 31,200,000 -600,000 900,000 6,600,000 18,000,000 3,100,000 800,000 4,800,000 15,200,000 -800,000 1,000,000 5,000,000 10,000,000 -400,000 9,867,000 6,574,000 3,012,000 
          foreign exchange loss
          -10,000,000    2,200,000   -4,700,000 15,200,000 -32,000,000 15,000,000 2,100,000 11,200,000 -4,800,000 -2,900,000 5,500,000 3,700,000   900,000          
          loss on disposal of assets
        200,000 200,000 -200,000 100,000                100,000    200,000      
          share-based payment
        1,000,000 4,100,000 11,600,000 -400,000 1,800,000 2,200,000 5,900,000 -400,000 2,200,000 2,500,000 10,800,000 -100,000 1,600,000 2,700,000 10,200,000 -400,000 1,500,000 2,700,000 8,300,000 100,000 1,100,000 1,800,000 6,600,000         
          remeasurement of put option
        800,000 1,100,000 6,700,000 1,900,000 -3,300,000 2,100,000 -3,300,000 2,200,000 -5,400,000 8,100,000 11,400,000 -2,200,000                    
          remeasurement of contingent consideration
        -700,000 -100,000 -14,800,000 -200,000 9,600,000 -10,700,000 4,700,000 100,000 -1,000,000 -1,000,000 -700,000 1,500,000                    
          changes in non-cash operating items
        -47,900,000 -29,200,000 -85,800,000 193,900,000 -12,400,000 -63,100,000 -123,500,000 201,300,000 31,600,000 -98,900,000 -230,000,000 226,800,000 51,300,000 -123,500,000 -227,200,000 206,900,000 44,400,000 -106,900,000 -51,400,000 194,200,000            
          arbitration award
        -87,600,000 43,800,000                              
          income taxes paid
        15,400,000 -22,300,000 -1,300,000 -2,000,000 3,500,000 -5,400,000 -58,700,000 11,300,000 11,200,000 -30,100,000 -31,400,000 4,500,000 6,100,000 -16,200,000 -19,300,000 -4,800,000 10,000,000 -11,100,000 -3,900,000 -500,000            
          interest paid
        100,000 -8,500,000 -30,600,000 3,000,000 -700,000 -10,500,000 -30,300,000 800,000 -5,400,000 -7,500,000 -23,500,000 -300,000 -1,600,000 -6,700,000 -21,300,000 -4,400,000 500,000 -7,100,000 -16,700,000 1,100,000            
          net cash from operating activities
        27,500,000 -142,800,000 -55,600,000 398,400,000 92,500,000 -142,900,000 -183,700,000 405,500,000 152,100,000 -209,300,000 -234,700,000 388,800,000 159,100,000 -196,900,000 -210,000,000 388,300,000 127,800,000 -154,500,000 -38,900,000 346,100,000   -200,200,000    -173,200,000  88,226,000   
          capital expenditures
        -8,500,000 -1,300,000 -8,200,000 -6,300,000 -1,000,000 -2,200,000 -39,800,000 10,900,000 -20,800,000 -5,200,000 -32,600,000 -4,800,000 -5,300,000 -2,500,000 -25,800,000 -900,000 -1,800,000 -6,000,000 -15,800,000 -8,100,000         
          free cash flows
        19,000,000 -144,100,000 -63,800,000 392,100,000 91,500,000 -145,100,000 -223,500,000 416,400,000 131,300,000 -214,500,000 -267,300,000 384,000,000 153,800,000 -199,400,000 -235,800,000 387,400,000 126,000,000 -160,500,000 -54,700,000 338,000,000   -200,200,000    -173,200,000  88,226,000   
          investing activities
                                       
          purchase of property, plant and equipment
        -8,500,000 -1,300,000 -8,200,000 -6,300,000 -1,000,000 -2,200,000 -39,800,000 10,900,000 -20,800,000 -5,200,000 -32,600,000 -4,800,000 -5,300,000 -2,500,000 -25,800,000 -900,000 -1,800,000 -6,000,000 -15,800,000 -8,100,000            
          initial direct costs of right-of-use assets
          -200,000   -100,000   200,000 -300,000   -1,000,000 -100,000 -900,000 -200,000 300,000 -400,000              
          net cash from investing activities
        -8,900,000 -1,300,000 -8,500,000 -6,700,000 -900,000 -2,300,000 -44,800,000 -1,200,000 -20,700,000 -5,700,000 -32,500,000 1,900,000 -13,800,000 -900,000 -25,100,000 -400,000 -4,400,000 -7,300,000 -19,400,000 -8,600,000            
          financing activities
                                       
          mainland china facilities borrowings
            41,200,000 16,600,000   12,500,000 12,600,000   14,900,000 4,600,000                  
          japan facility borrowings
        11,500,000 8,500,000  -11,400,000 4,400,000 10,800,000   -1,200,000 8,300,000  -2,400,000 1,900,000 3,900,000                  
          revolving facility borrowings
            -47,700,000 54,300,000                          
          term loan borrowings
                                      
          transaction costs on financing activities
            400,000 -200,000 -300,000 400,000         1,100,000 -1,000,000 -500,000 -10,200,000            
          principal payments on lease liabilities
        -1,500,000 -19,400,000 -62,500,000 -3,100,000 700,000 -20,800,000 -48,200,000 -5,700,000 -1,900,000 -13,400,000 -45,000,000 -3,700,000 300,000 -13,800,000 -33,700,000 -3,500,000                
          settlement of term loan derivative contracts
                                4,600,000      
          net cash from financing activities
          30,400,000 -182,700,000 -1,000,000 59,700,000 -28,400,000 -276,500,000 93,100,000 -21,000,000  -161,400,000 72,500,000 -6,300,000       -189,400,000 203,500,000   -91,100,000 121,500,000    109,806,000 90,650,000 
          effects of foreign currency exchange rate changes on cash
        -1,200,000 2,200,000 6,800,000 500,000 -700,000 2,500,000 -1,500,000 -500,000 3,500,000 -2,500,000 4,400,000 2,500,000 3,400,000 -1,800,000 -10,600,000 3,500,000 7,500,000 -6,800,000 -8,500,000 -3,600,000     -300,000 400,000      
          increase in cash
          -26,900,000 209,500,000    127,300,000   -248,300,000 231,800,000   -498,900,000 515,700,000 -35,000,000 -172,000,000 133,500,000 316,500,000 -132,200,000 128,400,000  28,600,000    52,500,000 52,449,000 3,636,000 3,425,000 
          cash, beginning of period
        -153,900,000 334,400,000 76,100,000 6,900,000 -83,000,000 144,900,000 249,000,000 -10,500,000 -238,500,000 286,500,000 190,600,000 15,300,000 -205,900,000 287,700,000 379,000,000 -207,000,000 -172,000,000 477,900,000 -124,600,000 -3,800,000 128,400,000 31,700,000 54,400,000 9,200,000 -63,600,000 88,600,000  17,600,000 9,678,000 9,678,000 9,678,000 
          cash, end of period
        -86,300,000 180,500,000 49,200,000 216,400,000 6,900,000 61,900,000 -9,400,000 116,800,000 -10,500,000 48,000,000 -57,700,000 247,100,000 15,300,000 81,800,000 -119,900,000 308,700,000 -207,000,000 305,900,000 8,900,000 312,700,000 -3,800,000 160,100,000 -40,300,000 37,800,000 9,200,000 25,000,000  70,100,000 62,127,000 13,314,000 13,103,000 
          net loss
         -125,500,000    -74,000,000    -85,000,000    -63,600,000    -56,700,000              
          income tax recovery
         -38,600,000   12,900,000 -26,100,000   13,800,000 -29,200,000   17,400,000 -24,500,000   14,900,000 -20,500,000              
          foreign exchange gain
         -3,400,000    -1,900,000                          
          term loan repayments
         -1,100,000   -1,000,000 -3,000,000 -1,000,000 -3,000,000 -1,000,000   -100,000 -900,000              
          net cash (used in) from financing activities
         -12,000,000               -165,900,000 -3,400,000              
          decrease in cash
         -153,900,000    -83,000,000    -238,500,000    -205,900,000                  
          net income
          -40,000,000 137,300,000   -73,300,000 127,300,000   -68,600,000 132,500,000   -57,300,000 142,900,000   -36,800,000 96,600,000   33,700,000 57,400,000   40,200,000 53,500,000 87,963,000 25,038,000  
          impairment losses
                                       
          investment in intangible assets
          -100,000    -800,000 100,000 -100,000 -200,000 -2,000,000 5,600,000 -4,700,000 -1,100,000 1,600,000 700,000 -2,900,000 -900,000 -3,600,000 -500,000            
          net cash (outflow) inflow from business combination
                                       
          mainland china facilities (repayments) borrowings
              28,400,000                         
          japan facility repayments
                                       
          revolving facility repayments
                                       
          normal course issuer bid purchase of subordinate voting shares
              -87,100,000                         
          issuance of shares
                                      
          net cash outflow from business combination
                                       
          canada goose holdings inc.
                                       
          gain on disposal of assets
                200,000 -100,000                      
          acceleration of unamortized costs on debt extinguishment
                         9,500,000       7,000,000      
          revolving facility (repayments) borrowings
                                       
          net cash (outlfow) inflow from business combination
                                       
          japan facility (repayments) borrowings
                                       
          net cash inflow from business combination
                     2,800,000                  
          subordinate voting shares purchased and cancelled under ncib
                -2,400,000 -27,500,000 -10,600,000    -242,800,000 166,500,000                
          subordinate voting shares purchased and held for cancellation under ncib
                       5,400,000                
          exercise of stock options
                      5,800,000 -3,300,000 3,400,000 1,200,000 1,300,000 2,600,000 -200,000 300,000 2,100,000 -200,000 200,000 300,000 2,800,000 -1,100,000 585,000 207,000 148,000 
          term loan (repayments) borrowings
                      -2,800,000                 
          mainland china facility borrowings
                         7,200,000              
          principal paid on lease liabilities
                         -9,900,000 -28,400,000 -1,600,000            
          business combination
                                       
          subordinate voting shares purchased for cancellation
                                       
          income tax (recovery) expense
                                       
          net borrowings on debt facilities
                            -189,200,000 212,100,000          
          net repayments on debt facilities
                                       
          cash flows from operating activities:
                                       
          foreign exchange (gain) loss
                                       
          share-based compensation
                                200,000 1,900,000 2,700,000 -100,000 1,372,000 721,000 160,000 
          cash flows from investing activities:
                                       
          cash flows from financing activities:
                                       
          borrowings
                                       
          rent paid
                                       
          borrowings on revolving facility
                                 162,300,000    110,036,000 90,502,000 
          unrealized foreign exchange loss
                                  -700,000     
          write off deferred financing charges on debt repaid
                                       
          revaluation of term loan for change in interest rate
                                       
          net
                                       
          deferred financing fees
                                       
          repayment of credit facility
                                       
          recapitalization transactions:
                                       
          borrowings on term loan, net of deferred financing fees of 3.3 and original issue discount of 2.2
                                       
          repayment of subordinated debt
                                       
          redemption of class a senior preferred shares
                                       
          redemption of class a junior preferred shares
                                       
          return of capital on class a common shares
                                       
          redemption of class b common and preferred shares
                                       
          public share offering:
                                       
          net proceeds of issue of subordinate voting shares, after underwriting commission of 7.2
                                       
          share issue costs paid
                                       
          repayment of revolving facility
                                       
          repayment of term loan
                                       
          cash, beginning of year
                                       
          cash, end of year
                                       
          income taxes received
                                       
          net repayment on revolving facility
                                       
          unrealized foreign exchange (gain) loss
                                       
          subsidiaries
                                       
          canada goose inc.
                                       
          canada goose us, inc.
                                       
          canada goose international ag
                                       
          canada goose uk retail limited
                                       
          canada goose international holdings limited
                                       
          canada goose europe ab
                                       
          canada goose services limited
                                       
          canada goose trading inc.
                                       
          canada goose asia holdings limited
                                       
          canada goose hk limited
                                       
          cg (shanghai) trading co., ltd.
                                       
          items not affecting cash
                                       
          unrealized foreign exchange gain
                                       
          borrowings on revolving facility, net of deferred financing charges of 148
                                       
          deferred financing charges on the term loan
                                       
          borrowings on credit facility
                                       
          repayments of credit facility
                                       
          borrowings on term loan, net of deferred financing charges of 3,329 and original issue discount of 2,170
                                       
          net proceeds of issue of subordinate voting shares, after underwriting commission of 7,239
                                       
          issuance of class a junior preferred shares
                                       
          issuance of subordinated debt
                                       
          write off of deferred financing charges on refinancing revolving facility
                                       
          (repayment) borrowings on revolving facility
                                       
          deferred financing fees on term loan syndication
                                       
          borrowings on term loan, net of deferred financing charges of 3,427 and original issue discount paid of 2,167
                                       
          shareholder advance
                                       
          unrealized loss on forward contracts
                                      203,000 
          write off of deferred financing charges on refinancing
                                       
          unrealized gain on forward exchange contracts
                                       
          borrowings on revolving facility, net of deferred financing charges of 2,479