Canada Goose Holdings Inc. (NYSE:GOOS) Q3 2019 Earnings Conference Call Transcript

Feb 14, 2019 • 09:00 am ET


Canada Goose Holdings Inc. (NYSE:GOOS) Q3 2019 Earnings Conference Call Transcript


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Good morning. My name is Denise and I will be your conference operator today. At this time, I would like to welcome everyone to the Canada Goose Third Quarter 2019 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions)

Thank you. Patrick Bourke, Senior Director, Investor Relations, you may begin your conference.

Patrick Bourke

Thank you. Good morning and thank you for joining us today. With me are Dani Reiss, President and CEO; and Jonathan Sinclair, EVP and CFO. For today's call, Dani will begin with the highlights of our third quarter performance. Following this, Jonathan will provide details on our financial results and our updated outlook for fiscal 2019. After our prepared remarks, we will take your questions. Before we begin, I would like to inform you that this call including the Q&A portion, includes forward-looking statements including plans for our business and our updated outlook for fiscal 2019. Each forward-looking statement made on this call is subject to risks and uncertainties that could cause actual results to differ materially from those projected in such statements.

Certain material factors and assumptions were considered and applied in making forward-looking statements. Additional information regarding these forward-looking statements, factors and assumptions appears under the headline -- heading cautionary note regarding forward-looking statements and risk factors in our Annual Report on Form 20-F which is filed with the SEC and the Canadian Securities Regulatory Authorities. It is also available on the Investor Relations section of our website at and in the earnings press release that we furnished today under the heading Cautionary Note Regarding Forward-Looking Statements.

The forward-looking statements made on this call speak only as of today and we undertake no obligation to update or revise any of these statements. During the call, in order to provide greater transparency regarding Canada Goose's operating performance, we refer to certain non-IFRS measures that involve adjustments to IFRS results. Any non-IFRS measures presented should not be considered to be an alternative to financial measures required by IFRS and are unlikely to be comparable to non-IFRS measures provided by other companies. Any non-IFRS financial measures referenced on this call are reconciled to the most directly comparable IFRS measures in the table at the end of our earnings press release issued this morning. This is also available on the Investor Relations sections of our website at

With that, I will turn the call over to Dani.

Dani Reiss

Thanks, Patrick. Good morning. Thanks for joining us. Happy Valentine's Day. Fiscal 2019 is shaping up to be another year of amazing results and impressive progress against our strategic vision for building Canada Goose into an enduring brand. I am really proud that we continue to deliver when and where it matters most and I remain as confident as ever about our long-term success. With our largest quarter now behind us. I am excited to share the highlights and give you some context to