Canada Goose Holdings Inc. (NYSE:GOOS) Q4 2020 Earnings Conference Call - Final Transcript

Jun 03, 2020 • 09:00 am ET


Canada Goose Holdings Inc. (NYSE:GOOS) Q4 2020 Earnings Conference Call - Final Transcript


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Good morning. My name is Chris, and I will be your conference operator today. At this time, I would like to welcome everyone to the Canada Goose Fourth Quarter 2020 Earnings 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. I would now like to turn the call over to Patrick Bourke, Vice President, Investor Relations. You may begin your conference.

Patrick Bourke

Thank you, Chris, and good morning, everyone. With me are Dani Reiss, President and CEO; and Jonathan Sinclair, EVP and CFO. After prepared remarks from Dani and Jonathan, we will take your questions.

This call, including the Q&A portion, includes forward-looking statements. Each forward-looking statement 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 these forward-looking statements. Additional information regarding these forward-looking statements, factors and assumptions is available in our earnings press release issued this morning, as well as in the Risk Factors section of our most recent annual report. These documents are also available on the Investor Relations section of our website. 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.

Our commentary today will include certain non-IFRS financial measures, which are reconciled in the table at the end of our earnings press release.

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

Dani Reiss

Thanks, Patrick, and good morning, everyone. I hope that your families are all safe and that you're all finding your way through these times as best you can.

Before we begin, I want to acknowledge the recent events of police brutality against black people across North America. The marches, protests and demonstrations happening around the world are important. This discussion is important. We support, and we stand with those who are speaking out against inequality and in justice.

As you know, the world is also facing a global health pandemic. I believe that crisis can -- I believe that crisis can bring out the best in people, and I've seen that here in Canada Goose as well. We've been challenged in completely new ways, and I'm so proud of how our Company has responded. At all levels, our team has gone above and beyond to help the business weather the storm, while supporting each other and the communities that we serve.

I want to give special mention to our team and our partners in Greater China. As the first part of Canada Goose to deal with this global pandemic, we are grateful for the all of the wisdom and the encouragement that they've shared with the rest of the business throughout the crisis. To all of our employee, thank you for your resilience and your determination during these trying times.

All crisis necessitates focus and decisive action. During this