Canada Goose Hol - GOOS STOCK NEWS

Perfect Moment (NYSE American: PMNT) has appointed Kristine Marvin as General Counsel, bringing 28 years of corporate and intellectual property law experience. Marvin, formerly VP and General Counsel at Timberland, will oversee legal framework, brand protection, and operations support for Perfect Moment's global expansion.

At Timberland, Marvin managed corporate governance and brand protection across 100+ countries for multiple brands, including The North Face and Vans. She was involved in NYSE regulatory reporting before Timberland's $2.3 billion acquisition by VF

This appointment follows Perfect Moment's recent recruitment of key personnel from Canada Goose, whose team achieved 48% revenue growth over four years, reaching C$1.3 billion in FY2024. The company aims to replicate this growth trajectory with its strengthened management team.

Perfect Moment (NYSE American: PMNT), the luxury skiwear and lifestyle brand, has strengthened its product development and production team with three key appointments from Canada Goose: Rui Morgadinho as Head of Production & Quality Assurance, Samantha Argotti as Head of Product, and Angela Sobral as Head of Sourcing.

The new hires previously contributed to Canada Goose's impressive 48% revenue growth over four years, reaching C$1.3 billion in FY2024. The team will report to Vittorio Giacomelli, former Canada Goose VP of product and sourcing, who recently joined Perfect Moment.

This strategic expansion aims to broaden the brand's appeal from slope to city wear and extend beyond the traditional fall/winter season. The company expects these appointments to enhance quality, improve efficiency, and optimize margins as Perfect Moment expands into the broader luxury outerwear market.

Canada Goose Holdings (NYSE, TSX: GOOS) announced its participation in the upcoming 46th Raymond James Institutional Investor Conference. The event will take place at the JW Marriott Grande Lakes in Orlando, Florida on March 5, 2025. Chief Financial Officer Neil Bowden will represent the company in a fireside chat presentation scheduled for 8 am ET and will participate in one-on-one meetings. The presentation will be accessible through a live webcast on the company's investor relations website, with an archived version available after the event.

Perfect Moment (NYSE American: PMNT) reported fiscal Q3 2025 results with total net revenue of $11.7 million, down 8% year-over-year but up 204% sequentially. The decline was primarily due to a $1.1 million decrease in collaboration revenue following the conclusion of the Hugo Boss partnership.

Key financial metrics include: eCommerce gross revenue increased 7% to $5.4 million, while net revenue declined 1%. Wholesale revenue decreased 6% to $7.3 million. Gross margin improved 273 basis points to 54.8%. The company reported a net loss of $2.5 million or $(0.15) per share.

Operational highlights include opening the first U.S. distribution center in Dallas, launching new retail stores in New York and Kitzbühel, and partnering with Johnnie Walker for a -edition collection. The company also expanded its resale program internationally and appointed new leadership to support future growth.

Canada Goose (NYSE, TSX: GOOS) reported Q3 fiscal 2025 results with revenue of $607.9M, representing a slight decrease of $2.0M year-over-year. Direct-to-consumer (DTC) revenue increased 0.7% to $517.8M, while wholesale revenue declined 7.5% to $75.7M.

The company's gross profit increased 0.5% to $452.0M, with gross margin improving to 74.4% from 73.7% in the previous year. Net income attributable to shareholders reached $139.7M, or $1.42 per diluted share, up from $130.6M ($1.29 per share) in the prior year period.

Notable highlights included the launch of the Snow Goose collection, which drove record media coverage and a three-year high in brand search. The company expanded its retail presence with two new concession-based shop-in-shops, bringing the total store count to 74. Inventory levels decreased 15% year-over-year to $407.4M, and net debt reduced to $546.4M from $587.4M in the previous year.

Perfect Moment (NYSE American: PMNT) announces significant leadership changes to drive growth in the luxury outerwear market. The company has appointed Chath Weerasinghe, former Canada Goose executive, as CFO and COO, bringing over 20 years of experience in finance and operations. Vittorio Giacomelli, former VP of product and sourcing at Canada Goose, joins to oversee product strategy and development. Co-founder Jane Gottschalk has been appointed president while maintaining her role as chief creative officer.

Weerasinghe's expertise includes successful expansion of DTC and B2B operations, while Giacomelli brings 30 years of experience in sportswear and luxury fashion. The restructuring aims to strengthen Perfect Moment's position in the luxury outerwear market, focusing on bold designs with high-performance functionality for a younger demographic.

Canada Goose has appointed Judit Bankus as Senior Vice President of Merchandising, reporting to President, Brand & Commercial Carrie Baker. In her new role, Bankus will oversee global merchandising and pricing strategies, focusing on expanding both existing and emerging product categories through a sustainability and innovation lens.

Bankus brings nearly 20 years of international luxury fashion experience, most recently serving as Chief Merchandising Officer at Stella McCartney. Her previous roles include eight years at Burberry as Global Merchandising Director and involvement in founding the Karl Lagerfeld brand. She will work closely with Creative Director Haider Ackermann to implement the brand's creative vision and drive commercial success.

Canada Goose Holdings (NYSE, TSX:GOOS) has secured exemptive relief from the Ontario Securities Commission, allowing the company to purchase up to 10% of its public float through U.S. Markets as part of its normal course issuer bid. The current share repurchase program, announced on November 19, 2024, permits the purchase and cancellation of up to 4,556,841 shares between November 22, 2024, and November 21, 2025.

This represents 10% of the 45,568,419 shares comprising the public float as of November 8, 2024. Without this relief, purchases on U.S. Markets would be to 5% of outstanding shares. The exemptive relief is valid for 36 months and requires purchases to comply with U.S. rules and be made at market price.

Canada Goose Holdings (NYSE, TSX: GOOS) has announced it will release its third quarter fiscal year 2025 financial results on February 6, 2025, before markets open. The quarter ended on December 29, 2024. The company will host a conference call and webcast at 8:30am ET on the same day to discuss the results. Investors can access the live webcast through the company's investor relations website, and a replay will be available after the call concludes.