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Canada Goose Reports Results for First Quarter Fiscal 2022 CANADA GOOSE ARCTIC PROGRAM First Quarter Fiscal 2022 Highlights ( in Canadian dollars ) : • Total revenue $ 56.3m • Net loss $ ( 56.7 ) m , or $ ( 0.51 ) per diluted share • • Non - IFRS adjusted EBIT $ ( 60.2 ) m Non - IFRS adjusted net loss per diluted share $ ( 0.45 ) TORONTO , ON ( August 11 , 2021 ) - Canada Goose Holdings Inc. ( " Canada Goose " or the " Company " ) ( NYSE : GOOS , TSX : GOOS ) today announced financial results for the first quarter ended June 27 , 2021 . " Canada Goose is off to a great start in the first quarter , ” said Dani Reiss , President & CEO . “ Our digital business continued at a rapid pace of growth globally , alongside improving retail trends . With strong momentum in a less disrupted operating environment , and an exciting product pipeline - including our growing apparel business and footwear launch later this fall - we are well positioned for fiscal 2022. " First Quarter Fiscal 2022 Business Highlights ( compared to First Quarter Fiscal 2021 ) • Global e - Commerce revenue increased by 80.8 % . • Revenue increased significantly in all geographic regions . Despite elevated retail closures , Canada grew by 126.1 % , excluding $ 7.0m of temporary PPE sales in the comparative quarter . • DTC revenue in Mainland China increased by 188.7 % . First Quarter Fiscal 2022 Results ( compared to First Quarter Fiscal 2021 ) • Total revenue was $ 56.3m from $ 26.1m . • • • DTC revenue was $ 29.4m from $ 10.4m . The increase was driven by a lower level of COVID - 19 disruptions , e - Commerce growth and new retail expansion , despite continued store traffic headwinds . Across our global store network , approximately 20 % of total trading days were lost to temporary closures . Wholesale revenue was $ 25.8m from $ 8.7m . The increase was a result of higher volume of shipments to wholesale and international distributor partners , driven by a lower level of COVID - 19 disruptions . Other revenue was $ 1.1m from $ 7.0m . The decrease was attributable to PPE sales in the comparative quarter , which were temporarily manufactured in support of COVID - 19 response efforts . Gross profit was $ 30.7m , a gross margin of 54.5 % , compared to $ 4.8m and 18.4 % . 1