Gross Margin by Segment
How much profit remains after direct costs for each product line or channel (for example, apparel, accessories, wholesale, retail). Highlights which segments carry pricing power or face cost pressure, helping you judge where overall profitability is coming from and where margin risk exists.
Canada Goose's DTC gross margin shows a recovery trend, aligning with a 17% sales comp increase in North America. However, the wholesale segment faces pressure, with an 18% revenue decline due to strategic adjustments and EMEA challenges. The 'Other' segment's margin volatility highlights operational inefficiencies. Despite these challenges, the company's focus on marketing and inventory management has driven a 620 basis point gross margin expansion in Q4, signaling effective cost control and strategic brand positioning. Caution is advised due to global trade uncertainties impacting future guidance.
GOOS Gross Margin by Segment
| Date | DTC | Wholesale | Other |
|---|---|---|---|
| Dec 31, 2023 | 78.50% | 53.40% | 17.00% |
| Oct 01, 2023 | 76.40% | 57.20% | 33.00% |
| Jul 02, 2023 | 73.10% | 50.90% | 31.60% |
| Apr 02, 2023 | 73.30% | 35.60% | 36.10% |
| Jan 01, 2023 | 78.00% | 53.00% | 38.80% |
| Oct 02, 2022 | 77.00% | 51.00% | 41.20% |
| Jul 03, 2022 | 72.70% | 50.60% | 31.60% |
| Apr 03, 2022 | 76.10% | 34.10% | 38.50% |
| Jan 02, 2022 | 77.20% | 50.20% | 45.00% |
| Sep 26, 2021 | 72.70% | 50.10% | 38.90% |
| Jun 27, 2021 | 67.70% | 39.80% | 54.50% |
| Mar 28, 2021 | 74.10% | 31.90% | 18.20% |
| Dec 27, 2020 | 77.90% | 51.50% | 2.20% |
| Sep 27, 2020 | 76.80% | 47.60% | 7.60% |
| Jun 28, 2020 | 82.70% | 17.20% | -75.70% |