Net loss was C$17.4 million ($12.3 mm) versus income of C$6.3 million for the fiscal second quarter ended Sep. 28 as revenues rose 2% to C$272.6 million ($193.1 mm) from C$267.8 million. Gross margin improved by 110 basis points to 62.4% due to a higher proportion of direct-to-consumer sales, which was partially offset by higher product costs and more apparel in the mix. Duties and tariffs did not impact the gross margin. Year-over-year inventories were down by 3% to C$460.7 million ($326.3mm). GOOS ended FQ2 with 77 stores, including 16 stores ... Log in to view full article.