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INVESTOR PRESENTATION This presentation includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. These forward-looking statements address various matters including our outlook for fiscal 2020 and our long-term outlook, related assumptions, and our plans for strategic investments to support future growth. Each forward-looking statement contained in this presentation is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, our expectations regarding industry trends, our business plan and growth strategies, our expectations regarding seasonal trends, our inventory levels ahead of these seasonal trends, our ability to implement our growth strategies, our ability to keep pace with changing consumer preferences, our ability to maintain the strength of our brand and protect our intellectual property, as well as the risks identified under the heading “Risk Factors” in our Annual Report on Form 20-F for the fiscal year ended March 31, 2019, and filed with the Securities and Exchange Commission (“SEC”), and the securities commissions or similar securities regulatory authorities in each of the provinces and territories of (“Canadian securities regulatory authorities”), as well as the other information we file with the SEC and Canadian securities regulatory authorities. We caution investors not to rely on the forward-looking statements contained in this presentation when making an investment decision in our securities. The forward-looking statements in this presentation speak only as of May 29, 2019, and we undertake no obligation to update or revise any of these statements. Our business is subject to substantial risks and uncertainties, including those referenced above. You are encouraged to read our filings with the SEC, available at www.sec.gov, and our filings with Canadian securities regulatory authorities available at www.sedar.com for a discussion of these and other risks and uncertainties. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

Certain pages of this presentation, including those entitled “Long Runway for Growth”, contain the financial outlook issued by the Company as of May 29, 2019 in respect of fiscal 2020 and the three-year period beginning with fiscal 2020 (which we refer as long-term outlook). Such outlook constitutes forward-looking statements and forward-looking information within the meaning of applicable securities laws (see “Cautionary Note Regarding Forward-Looking Statements” in our Annual Report on Form 20-F for the fiscal year ended March 31, 2019). Actual results could vary materially as a result of numerous factors, including certain risk factors, many of which are beyond the Company’s control. The purpose of our fiscal 2020 and long-term outlook is to provide a description of management's expectations regarding the Company's financial performance and may not be appropriate for other purposes.

Key assumptions underlying the fiscal 2020 outlook contained in this presentation are as follows: wholesale revenue growth in the high-single-digits on a percentage basis; eight new retail stores in operation by the end of the winter selling season; one new digital concept store in operation by the end of the winter selling season, which will be an experiential showroom to drive local e-commerce sales in the Greater Area. It is not expected to generate revenue or operating income at a level consistent with the Company’s traditional retail store format; materially larger losses in adjusted EBIT and adjusted net income per diluted share during the fiscal first , due to a larger number of retail stores operating during off-peak periods and higher corporate SG&A investments to support growth, including local market activation ahead of planned retail openings, new product and Greater operations; capital expenditures of $75 million including investments in new retail stores, IT and manufacturing capacity; weighted average diluted shares outstanding of 112.4 million shares; and an effective annual tax rate approximately in-line with fiscal 2019. The long-term outlook contained in this presentation assumes, among other things, a continuation of current economic conditions and execution of the growth strategies outlined under the heading “Business Overview” in our Annual Report on Form 20-F for the fiscal year ended March 31, 2019.

Unless otherwise indicated, all references in this presentation to “Canada ,” “we,” “our,” “us,” “the company” or similar terms refer to Holdings Inc. and its consolidated subsidiaries. “DTC” refers to our “Direct to Consumer” segment and sales channel.

Unless otherwise specified, all monetary amounts in this presentation are in Canadian dollars. Our consolidated financial statements have been prepared in accordance with IFRS and are presented in millions of Canadian dollars except where otherwise indicated. Our historical results are not necessarily indicative of the results that should be expected in any future period.

Our most recent fiscal year, which we refer to as FY19, ended on March 31, 2019. We refer to the years ended March 31, 2018, March 31, 2017, March 31, 2016 and March 31, 2015 as FY18 FY17, FY 16 and FY 15 respectively.

This presentation makes reference to financial measures that are not defined under IFRS including Adjusted EBIT, Adjusted EBIT Margin, Adjusted Net Income and Adjusted EPS. These measures do not have a standardized meaning prescribed by IFRS and therefore may not be comparable to similarly titled measures presented by others in our industry, and they should not be construed as an alternative to other financial measures determined in accordance with IFRS.

INVESTOR PRESENTATION 1 At a Glance

INVESTOR PRESENTATION 2 Canada Goose Today

PERFORMANCE LUXURY MADE IN CANADA Outerwear | Knitwear | Accessories Unwavering commitment to making core Three-season protection against the elements down-filled jackets in Canada

$831 MILLION AUTHENTIC BRAND FY19 Revenue Inspired and informed by the demands of 52% DTC | 48% Wholesale the for 60+ years 35% Canada | 30% U.S. | 35% RoW

BELOVED AND COVETED SOLD IN 49 COUNTRIES Truly global demand and brand affinity in the coldest 12 national e-commerce markets | 11 retail stores (DOS) places on Earth to the world’s fashion capitals 2,227 points of wholesale distribution

Wholesale points of distribution refer to those sold to during Fall / Winter 2018.

INVESTOR PRESENTATION 3 FY 19 –Executing our Growth Strategies 1 2 3 PURSUE GLOBAL GROWTH ENHANCE OFFERING DRIVE HIGHER MARGINS

. 28% + revenue growth in all three . Continued leadership and innovation in . Adj. EBIT margin expanded by 184 bps geographic segments parkas and lightweight-down jackets to 24.9% . Successfully launched DTC operations in . Growth in core complemented by new . DTC mix shift highly accretive to Greater China, the world’s largest rainwear, windwear and knitwear operating profitability due to luxury market offerings / launches underlying channel productivity . Global DTC footprint generated over . Acquired Baffin to leverage expertise . In-house production increased to 47% half of total revenue for the first time and technology with eventual Canada from 43% of total down-filled jackets Goose footwear offering All figures shown represent FY 19. INVESTOR PRESENTATION 4 Consistently Delivering Exceptional Results

REVENUE ADJUSTED EBIT ADJUSTED EPS (C$ in millions) (C$ in millions / % margin) (C$ per diluted share)

$831

$591 $431

24.9% $404 $255 23.1%

$115 18.5%

$399 $207 $1.36 $289 $336 $136 $0.84 $75 $0.43

FY 17 FY 18 FY 19 FY 17 FY 18 FY 19 FY 17 FY 18 FY 19

DTC WHOLESALE

INVESTOR PRESENTATION 5 Long Runway for Growth REVENUE ADJUSTED EPS (C$ in millions) FY 22 REVENUE (C$ per diluted share) FY 22 ADJUSTED EPS

BN FY 20 – 22 CAGR ≥ $1.4 FY 20 – 22 CAGR ≥ $2.66 ≥ 20% ≥ 25%

$831 $1.36

FY 19 FY 20 FY 21 FY 22 FY 19 FY 20 FY 21 FY 22 FY 20 – 22 growth rates shown refer to the Long-Term outlook issued on May 29, 2019. These forward-looking statements are made only as of the date of issuance, and the Company undertakes no obligation to update or revise the outlook or the related statements. FY 22 figures shown are indicative and implied by the application of the “at least” average annual growth rates given in the Long-Term outlook issued on May 29, 2019.

INVESTOR PRESENTATION 6 Our Story

INVESTOR PRESENTATION 7 Over 60 Years in the Making

1950S 1970S 1980S 1982 2000S

Sam Tick immigrates to David Reiss, Sam Tick’s The Expedition Parka is Laurie Skreslet makes Dani Reiss, son of David Canada bringing a strong son-in-law, joins the developed to meet the history as the first Reiss and grandson of entrepreneurial spirit. In company and launches a needs of scientists at Canadian to summit Mt. Sam Tick, joins in 1997 1957, he founds Metro new era with the Antartica’s McMurdo Everest, wearing a custom and becomes CEO in Sportswear, specializing invention of a volume- Station. It becomes parka designed and 2001. Dani ignites in wool vests, raincoats based down filling standard issue and gains manufactured by Metro growth and pledges to and snowmobile suits. machine. David also the nickname “Big Red”. Sportswear. In 2011, this remain “Made in establishes the label iconic “Big Mountain” Canada.” Under his , which later jacket is re-released as leadership, Canada becomes Canada Goose. the Skreslet Parka. Goose transforms from a small manufacturer into global performance luxury outerwear brand. INVESTOR PRESENTATION 8 Over 60 Years in the Making

2011 2014 2016 2017 2019

Canada Goose continues The DTC journey begins The first two stores were Canada Goose breaks The eighth Canadian to innovate by launching with the launch of e- opened in Toronto and new ground with the manufacturing facility is lighter-weight products commerce in Canada, City, launch of Knitwear, its opened in . for a wider range of expanding to an immediately becoming first non-outerwear With two decades of climates and activities. additional 11 national world class luxury retail category. The line pairs rapid growth, Canada The Hybridge® Lite wins markets over the next destinations. With unique purpose-driven design Goose stays true to its “Best Backcountry five years. The channel physical experiences in and prowess in crafting Made-in-Canada pledge Jacket” in the is a changer for an exceptional service function-first apparel to for core down-filled prestigious Gear of Year building direct and environment, retail has luxurious Merino wool product, aggressively awards from Outside unfiltered relationships become an integral part garments. scaling and rebuilding Magazine. with Canada Goose fans of the broader DTC domestic apparel around the world. strategy. manufacturing.

INVESTOR PRESENTATION 9 Authentic Brand

FIELD TESTED IN THE INSPIRED BY GOOSE 20+ YEARS IN FILM AND HONOURING HARSHEST PEOPLE ENTERTAINMENT THE NORTH ENVIRONMENTS

Tactical industrial heritage Real stories best told through The (un)official jacket of film Pioneer in social their unfiltered lens crews everywhere it’s cold entrepreneurship with Project We make products that work, not Atigi collection designed and just look good The journeys, achievements and Naturally gravitated to on-screen handmade by Inuit seamstresses attitudes of Goose People roles and talent to authenticate Inspiring and enabling people in embody our core belief that cold weather scenes Long-standing partner of Polar all walks of life to engage with greatness is out there Bears International, with $3M+ of the outside world Organically builds awareness and contributions to date Carrying our values to the pop culture relevance farthest ends of Earth 2M+ metres of fabric donated to northern communities through Resource Centres Program INVESTOR PRESENTATION 10 Made in Canada

HERITAGE QUALITY IT MATTERS The country from which we We believe Canada is best Sets us apart on the draw our inspiration and place in the world to make international stage and in expertise premium down-filled jackets the minds of our customers

NOT JUST PROVEN DIFFICULT TO A SLOGAN SCALABILITY REPLICATE Operations represent ~20% of Opened 2 new facilities (8 total) and The depth of expertise in down the total national cut and sew increased Canadian manufacturing manufacturing and the scale of workforce workforce by 1,060 in FY 19 to support infrastructure are unique growth

Estimated share of national workforce includes in-house facilities and exclusive sub contractors. INVESTOR PRESENTATION 11 Beloved and Coveted Globally

THE REFERENCE FROM THE ARCTIC TO POWERFUL EQUITY PARKA GLOBAL FASHION CAPITALS AND REACH

Central role defining and Unique ability as a brand to live in Market research shows we developing the performance very different worlds consistently rank amongst the luxury space highest in competitive set for awareness and affinity globally Brought authenticity and best- Proudly worn from coldest places in-class functionality to the on Earth to the streets of New Global brand equity is a luxury consumer York, , Paris, Milan, Hong significant point of strength in Kong, and a largely regional and Leader in elevating the parka fragmented market into an investment piece and From polar explorers to discerning integral point of expression in urban consumers, universal desire wardrobes for best in quality

INVESTOR PRESENTATION 12 Strong Management Team DANI REISS President & Chief Executive Officer 1997 JONATHAN SINCLAIR PENNY BROOK ANA MIHALJEVIC WOODY BLACKFORD EVP, Chief Financial Officer Chief Marketing Officer Chief Commercial Officer EVP, Design and Merchandising 2018 2014 2015 2019 Career retailer with extensive luxury, fashion and Previously VP, International Marketing. Marries Previously SVP, Planning and Sales Operations. Inventor at heart with deep expertise in design, DTC experience. 20+ years of global financial and strong creative intuition with commercial focus to Built planning team from the ground up and played product development and technical innovation. operational leadership roles, most recently as CFO drive brands forward. 20+ years of experience in key role optimizing operations for DTC evolution. 25+ years of experience in apparel, footwear and and EVP of Business Operations at Jimmy Choo. luxury, fashion and consumer goods at Mulberry, 10+ years of luxury apparel experience including accessories, most recently as VP of Global Design Clarks and Philips Electronics. Marc Jacobs, Ralph Lauren and Jones Apparel. & Innovation at Columbia Sportswear Company. CARRIE BAKER KARA MACKILLOP JOHN MORAN Chief Communications Officer EVP, People and Culture EVP, Manufacturing and Supply Chain 2012 2014 2014 Dynamic strategist with a passion for creative Inspirational executive with a passion for Long track record increasing productivity, quality storytelling and solving key business issues. 15+ empowerment, team building and advancement. and profits for North American apparel years of experience in communications and 15+ years of experience with high growth companies. 25+ years of experience in public affairs, including 12 years at a leading companies and top consumer brands including manufacturing, operations and sales, most North American communications agency. Indigo Books & Music and Red Bull. recently as COO at Robert Talbott. SCOTT CAMERON SPENCER ORR PAT SHERLOCK DAVID FORREST President, Greater China President, Innovation Lab President, International SVP, General Counsel 2016 2009 2012 2014 Previously EVP, e-Commerce, Stores and Strategy. Previously SVP, Merchandising and Product Previously SVP, Global Wholesale. Charismatic Advises on strategic matters and runs in-house Leads cross-functional business in Greater China, Strategy. Energetic self-starter with a love for leader with passion for driving global growth. 20+ legal function. 12+ years of experience working previously responsible for all DTC operations and technical gear. 13+ years of experience. Led the years of sales management experience in the as General Counsel and Corporate Secretary of strategy. 8+ years at McKinsey, most recently as design and launch of the award-winning HyBridge sporting goods and packaged goods including New Thomas Cook and practicing law Principal, with focus on global consumer retail. Lite Jacket. Balance and InBev. at Osler, Hoskin & Harcourt LLP.

INVESTOR PRESENTATION 13 Growth Strategies

INVESTOR PRESENTATION 14 1 Pursue Global Growth

LONG RUNWAY TO GROW DEMAND AND DISTIBRUTION GLOBALLY

A B C D

STRENGTHEN ENHANCE CONTINUE DRIVE HIGHER BRAND AFFINITY WHOLESALE DTC ROLLOUT PENETRATION NETWORK GLOBALLY

INVESTOR PRESENTATION 15 1 A Strengthen Brand Affinity AUTHENTIC STORYTELLING IMMERSIVE AND EXPERIENTIAL

TRUE TO OUR STORIES WITH MAKING GLOBALLY BUILDING ROOTS PURPOSE IMPRESSIONS CONSISTENT COMMUNITY

FUNCTION NOT NOT BUYING LOCALLY FUNCTIONFASHION NOT THEM RELEVANT FASHION

BRING MORE CANADA ACTIVATE LOCAL SUPPORT THE FULL GOOSE TO THE WORLD MARKETS BREADTH OF THE OFFERING

INVESTOR PRESENTATION 16 1 B Enhance Wholesale Network REACH & DIVERSITY STRATEGIC FOOTPRINT CONTINUED GROWTH for brand building and market with carefully curated network of best- in parallel with ongoing development in-class partners and opinion leaders DTC rollout

Extending distribution to a level we Long-term partnerships to deliver the Deeper and broader with existing would never replicate through our own highest standards in storytelling and accounts, while selectively adding new DTC footprint customer experience points of distribution

INVESTOR PRESENTATION 17 1 C Continue DTC Rollout

EXPERIENTIAL INNOVATOR UNIQUE APPROACH Exceptional digital and physical experiences to bring Started DTC journey in e-commerce first, followed storytelling and best-in-class product to life in by a highly selective retail strategy focused totally new and engaging ways, including award exclusively on only the best markets and locations winning retail cold rooms launched in FY 19

GLOBAL WHITESPACE POWERFUL ECONOMICS Long runway to expand e-commerce and top FY 19 DTC operating margin of 54%, driven by tier luxury retail locations globally relative to outstanding productivity both online and in-store existing footprint Holistic multi-channel model, with disciplined DTC reached $431 million / 52% of FY 19 balancing of online and retail distribution relative to revenue with only 11 retail stores and 12 wholesale central to channel profitability national e-commerce markets

INVESTOR PRESENTATION 18 1 D Drive Higher Penetration Globally

FY 19 REVENUE BY GEOGRAPHY VS. TOTAL LUXURY SPEND BY MARKET (% of revenue) . North America roughly two thirds . Europe and Asia both represent . With demand in major of revenue today as a function of large long-term opportunities as international markets well the scale of DTC distribution and represented by luxury apparel established, DTC expansion is the strength of brand affinity spend, at much early stages of central to unlocking the full global development potential of the brand

35% 30% 34%

CANADA UNITED STATES REST OF WORLD

33% 34% 25% 8%

AMERICAS EUROPE ASIA EX JAPAN

Source for total luxury spend by market is Bain & Company. Figures exclude regions outside of those shown.

INVESTOR PRESENTATION 19 1 D Drive Higher Penetration Globally

CONTINUED + EARLY STAGE OF DEVELOPMENT IN MUCH GROWTH AT HOME LARGER INTERNATIONAL MARKETS

22 REST OF WORLD UNITED CANADA STATES WESTERN GREATER CHINA JAPAN SOUTH KOREA EUROPE FY 19 revenue $293M $251M $286M

% FY 19 revenue 35% 30% 35%

Financials FY 19 rev. growth 28% 36% 61%

E-commerce     9 / 29 countries Mainland China (Tmall) Distributor Distributor Retail stores 4 4 1 2 market market

Distribution DTC centric market Wholesale Mature Developing Developing structure

Rest of World also includes revenue from regions / countries other than those shown.

INVESTOR PRESENTATION 20 2 Enhance Product Offering GIVING PEOPLE NEW WAYS TO EXPERIENCE OUR BRAND OUTERWEAR OTHER CATEGORIES WINTER FALL AND SPRING BEYOND OUTERWEAR Continued innovation and new styles New styles, uses and climates Product-led and function-first

TEI 5 TEI 4 TEI 3 TEI 2 TEI 1 Extreme Enduring Fundamental Versatile Lightweight KNITWEAR ACCESSORIES -30°C & Below -15°C / -25°C -10°C / -20°C 0°C / -15°C 5°C / -5°C -25°F & Below 5°F / -15°F 15°F / -5°F 30°F / 5°F 40°F / 25°F (FOOTWEAR) Parkas Parkas Parkas Bombers Lightweight Down Developing strategy and capabilities Bombers Lightweight Down Rainwear for planned release medium to Lightweight Down Windwear longer term TEI refers to the Thermal Experience Index weather rating which the jacket offering is organized around.

INVESTOR PRESENTATION 21 3 Drive Higher Margins

CHANNEL PRICE MIX OPTIMIZATION MANUFACTURING

Capture incremental gross Capture full value Expand in-house down-filled margin and realize higher of our existing products jacket production to realize operating margins as mix efficiencies and capture continues to shift towards DTC Incrementally introduce new incremental gross margin to styles at higher price points fund investments in new product and cost inflation

INVESTOR PRESENTATION 22 Financials

INVESTOR PRESENTATION 23 Exceptional Growth FY 15 – 19 REVENUE CAGR OF 40%

REVENUE BY CHANNEL REVENUE BY GEOGRAPHY (C$ in millions) (C$ in millions)

$831 $831

$286 $591 $591 $431 $178 $404 $255 $404 $251 $291 $291 $115 $117 $184 $218 $33 $218 $92 $132 $399 $86 $289 $336 $103 $293 $258 $229 $210 $57 $155 $76 $95 FY 15 FY 16 FY 17 FY 18 FY 19 FY 15 FY 16 FY 17 FY 18 FY 19

DTC WHOLESALE REST OF WORLD UNITED CANADA (EUROPE AND ASIA) STATES

INVESTOR PRESENTATION 24 Powerful Business Model ACCELERATING PROFITABILITY WHILE AGGRESSIVELY INVESTING IN FUTURE GROWTH GROSS PROFIT ADJUSTED EBIT (C$ in millions / % margin) (C$ in millions / % margin) DTC* 29% 43% 52% * % of revenue 62.2% 24.9% 58.8% 23.1% 52.5% 18.5% $517 $207 $348 $136 $212 $75

FY 17 FY 18 FY 19 FY 17 FY 18 FY 19 ADJUSTED EPS CAPEX (C$ per diluted share) (C$ in millions / % of revenue 7.3% 7.1% 6.5%

$1.36

$0.84 $59 $43 $0.43 $26

FY 17 FY 18 FY 19 FY 17 FY 18 FY 19 CAPEX defined as additions to PP&E and intangible assets.

INVESTOR PRESENTATION 25 Seasonal Revenue Model with Wholesale Visibility MAJORITY OF WHOLESALE ORDER BOOK FILLED PRIOR TO BEGINNING OF THE FISCAL YEAR

Peak selling season Shoulder quarters Peak selling season Shoulder quarters

Even production levels throughout the year (+ additions to capacity) OPERATIONS

High sales volume Off-peak selling season High sales volume DTC

Majority of order book Majority of order book Majority of order book fulfilled received Inventory build Majority of order book fulfilled received

High shipment volume Low shipment volume High shipment volume Low shipment volume WHOLESALE

FY Q3 (DECEMBER) FY Q4 (MARCH) FY Q1 (JUNE) FY Q2 (SEPTEMBER) FY Q3 (DECEMBER) FY Q4 (MARCH)

SEASONAL WORKING PEAK WHOLESALE PEAK END OF SEASON CAPITAL BUILD SALES DTC SALES INVENTORY REBUILD

INVESTOR PRESENTATION 26 DTC Expansion Changing Shape of the Fiscal Year SHIFTING MORE REVENUE AND EARNINGS INTO BACK HALF OF THE FISCAL YEAR

QUARTERLY REVENUE (C$ in millions) $400

$266 $230 $172 $156 $125

$28 $45

Q1 18 Q2 18 Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 DTC WHOLESALE QUARTERLY ADJUSTED EPS (C$ per diluted share)

$0.96 $0.58 $0.46 $0.29 $0.09 $0.09 -$0.12 -$0.16

Q1 18 Q2 18 Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19

INVESTOR PRESENTATION 27 Key Financial Drivers

FY 20 – 22 REVENUE CAGR FY 20 – 22 ADJ. EPS CAGR ≥ 20% ≥ 25%

. Very strong DTC economics . Exceptional asset turns on a forward basis . Demand built ahead of supply with low inventory risk . Strong FCF generation and fast payback on investments REVENUE DTC WHOLESALE . Pricing . Pricing . Volume growth across . Volume growth with existing sites and stores existing partners . New retail stores . Increased e-commerce access GROSS PROFIT SG&A CAPEX

+ Channel mix shift + DTC accretive to EBIT . New retail stores + Pricing + Leverage on fixed corporate SG&A . In-house manufacturing + Manufacturing efficiencies - Growth investments incl. Greater China operations and IT capacity expansion - Cost inflation - Expanding number of retail stores operating in off-peak . Investments in IT - Investments in new product periods

INVESTOR PRESENTATION 28 Long Runway for Growth REVENUE ADJUSTED EPS (C$ in millions) FY 22 REVENUE (C$ per diluted share) FY 22 ADJUSTED EPS

BN FY 20 – 22 CAGR ≥ $1.4 FY 20 – 22 CAGR ≥ $2.66 ≥ 20% ≥ 25%

$831 $1.36

FY 19 FY 20 FY 21 FY 22 FY 19 FY 20 FY 21 FY 22 FY 20 – 22 growth rates shown refer to the Long-Term outlook issued on May 29, 2019. These forward-looking statements are made only as of the date of issuance, and the Company undertakes no obligation to update or revise the outlook or the related statements. FY 22 figures shown are indicative and implied by the application of the “at least” average annual growth rates given in the Long-Term outlook issued on May 29, 2019.

INVESTOR PRESENTATION 29