Canada Goose forecasts annual sales below estimates

Canada Goose Holdings

14/05/2026 11:51

May 14 (Reuters) - Luxury apparel maker Canada Goose GOOS.TOGOOS.N forecast its annual sales below Wall Street estimates on Thursday, signaling lackluster demand for its pricey parkas despite increased marketing and promotion efforts.

The Toronto, Ontario-based company expects revenue for fiscal 2027 to grow by low-single digits, compared with the average of analysts' estimates of 5.1% growth, according to data compiled by LSEG.

 (Reporting by Sanskriti Shekhar in Bengaluru; Editing by Leroy Leo)

 ((Sanskriti.Shekhar@thomsonreuters.com))