Canada Goose Holdings Inc. (NYSE:GOOS) Q3 2023 Earnings Conference Call February 2, 2023 9:00 AM ET

Company Participants

Amy Schwalm - Vice President of Investor Relations

Dani Reiss - Chairman and Chief Executive Officer

Jonathan Sinclair - Executive Vice President and Chief Financial Officer

Carrie Baker - President

Conference Call Participants

Michael Binetti - Credit Suisse

Brooke Roach - Goldman Sachs

Adrienne Yih - Barclays

Ike Boruchow - Wells Fargo

Oliver Chen - Cowen

Jonathan Komp - Baird

Mark Petrie - CIBC

Jay Sole - UBS

Omar Saad - Evercore ISI

Operator

Hello and thank you for standing by. Welcome to the Canada Goose Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your speaker for today, Amy Schwalm. You may begin.

Amy Schwalm

Thank you, operator, and good morning, everyone. With me are Dani Reiss, Chairman and CEO; Jonathan Sinclair, EVP and CFO; and Carrie Baker, President.

Our call today, including the Q&A portion, contains forward-looking statements. Each forward-looking statement, including our financial outlook is subject to risks and uncertainties that could cause actual results to differ materially from those projected. 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 press release issued this morning, as well as the Risk Factors section of our most recent annual report filed with the securities regulators. 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 them. Lastly, our commentary includes certain non-IFRS financial measures, which are reconciled at the end of our press release.

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

Dani Reiss

Thank you, Amy, and good morning, everyone. This quarter showed us overwhelmingly that our brand strength globally remains strong even in the face of short-term pressures.

In Mainland China, consumers returned in full force to shop with those falling a period of significant disruption in December. We also saw solid top line growth in the United States, driven by strong performance across our store network. And our gross margin expanded year-on-year for the third quarter in a row, up over 160 basis points, with margin improvement across all product categories.