Investors interested in Retail - Apparel and Shoes stocks are likely familiar with Canada Goose (GOOS) and MINISO Group Holding Limited Unsponsored ADR (MNSO) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Ra ...

反转来得太快！据外媒报道，拥有60年历史的加拿大国民羽绒服品牌Canada Goose（加拿大鹅），可能将被中资收购。收购方为中国私募股权基金"博裕资 本"，报价高达13.5亿美元（约合96亿元人民币）。 还记得这张照片吗？ 八年前，被誉为"羽绒界爱马仕"的Canada Goose在北京、上海开出首店，瞬间引爆市场。"京爷""沪爷"们顶着零下十几度的寒风在商场外大排长龙，只为抢 购一件象征中产身份的"大鹅"。 要知道，"加拿大鹅"价格不菲，随便一件羽绒服售价都在万元以上，却屡屡秒光，热门款式在二手市场甚至被炒到两三万。 相比之下，国产品牌就没这般待遇了。前两年波司登推出一款售价7000元的羽绒服，立刻被网友"骂"上热搜，成了"国籍一换，骂声过万"的典型。 但高投入并未换来高增长。2023年起，"大鹅"在华的销量增长基本停滞。压力之下，品牌不得不放下身段，将门店开进奥特莱斯折扣店，最终导致调性与销 量双输。 中国市场的疯狂，让加拿大总部既惊喜又忐忑。其实在上市后不久，Canada Goose就陷入经营困境，市值一年内蒸发超11亿美元，华尔街毫不留情地给 出"卖出"评级，公司被迫启动大裁员。 是中国消费者的"钞能 ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Envela Corporation (ELA) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Envela Corporation is a member of our Retail-Wholesale group, which includes 201 different companies and currently sits at #11 in the Zacks Sector Rank. The Za ...

Company Performance - Canada Goose (GOOS) closed at $14.04, reflecting a -4.03% change from the previous day, underperforming the S&P 500's daily loss of 0.05% [1] - Over the past month, shares of Canada Goose have increased by 31.45%, while the Retail-Wholesale sector gained 4.45% and the S&P 500 gained 3.44% [1] Upcoming Earnings - The upcoming earnings release is highly anticipated, with projected EPS at -$0.05, indicating a 225.00% decline compared to the same quarter last year [2] - Revenue is expected to reach $208.8 million, representing a 6.36% increase from the year-ago quarter [2] Full Year Estimates - For the full year, analysts expect earnings of $0.99 per share and revenue of $1.05 billion, marking increases of +23.75% and +8.22% respectively from the previous year [3] - Recent modifications to analyst estimates are crucial as they reflect near-term business trends, with positive revisions indicating a favorable business outlook [3] Valuation Metrics - Canada Goose has a Forward P/E ratio of 14.85, which is lower than the industry average of 19.49, suggesting it is trading at a discount [6] - The company has a PEG ratio of 1.1, compared to the Retail - Apparel and Shoes industry average PEG ratio of 2.32, indicating a more favorable valuation relative to growth expectations [7] Industry Context - The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector and currently holds a Zacks Industry Rank of 147, placing it in the bottom 41% of over 250 industries [8] - The Zacks Industry Rank evaluates the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]

Financial Data and Key Metrics Changes - The company reported a revenue increase of 22% year-over-year, supported by a 15% comparable store sales growth [8] - Gross margin stands at 70%, with operating margins approximately 40% in direct-to-consumer (D2C) and 33% in wholesale [5][6] - The company has achieved a compound annual growth rate (CAGR) of 16% over the past eight years, growing from approximately $400 million to $1.35 billion in revenue [3] Business Line Data and Key Metrics Changes - The business model has evolved to approximately 75% D2C, with 25% from e-commerce and 20% from wholesale [4] - The company is focusing on expanding luxury products into year-round categories, moving beyond its historical parka offerings [7][14] - Significant investments in product development and merchandising have led to improved product variety and consumer engagement [14][22] Market Data and Key Metrics Changes - The North American market has shown strong performance, with positive comparable sales growth for seven months [39] - The company has seen a reacceleration in its China business, attributed to effective store execution and product evolution [43][44] - The wholesale channel is stabilizing, with a cleaner inventory position and improved relationships with key partners [35][36] Company Strategy and Development Direction - The company is focused on four operating imperatives: expanding luxury product offerings, increasing brand recognition through marketing, improving DTC performance, and maintaining operational efficiency [6][7] - There is a strong emphasis on product innovation and marketing consistency to enhance brand relevance and consumer engagement [17][63] - The company aims to leverage its USMCA compliance to benefit from tariff disruptions, positioning itself favorably against competitors [45] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding consumer behavior, noting mixed sentiment in the luxury market but strong performance for the brand [40][42] - The company is committed to long-term investments in marketing and product development, even if it temporarily impacts profit margins [57][58] - There is confidence in returning to historical margin levels through scale and efficiency improvements [60] Other Important Information - The company is actively working on enhancing retail execution and has seen positive results in store productivity, with a current productivity metric of CAD 4,000 per square foot [31][27] - Recent media speculation regarding a potential take-private transaction was dismissed as rumors, with no current plans for such actions [61] Q&A Session Summary Question: What have been the most impactful strategic initiatives? - The company highlighted product evolution, retail execution improvements, and enhanced marketing efforts as key drivers of recent momentum [13][17] Question: What should be expected from the new Creative Director in year two? - The focus will be on accelerating style, relevance, and innovation in product offerings, with ongoing investments in merchandising and design capabilities [18][20] Question: How is the health of the wholesale channel? - The wholesale channel is stabilizing, with a cleaner inventory position and improved product assortment, indicating potential for future growth [32][35] Question: What is the outlook for North America and consumer health? - The North American market is performing well, but there is caution regarding overall consumer sentiment in the luxury sector [39][40] Question: How does the company plan to manage pricing and tariffs? - The company plans to make strategic pricing adjustments while focusing on product desirability and relevance rather than solely on tariff impacts [45][50]

Core Viewpoint - Canada Goose, originally established in 1957, has evolved from producing cold-weather gear for Arctic workers to becoming a luxury brand known for its high-priced down jackets, often referred to as the "Hermès of down jackets" [3][4]. Group 1: Brand Evolution and Market Position - In the 1970s, Canada Goose focused on down jackets and gained recognition after explorers wore its parkas to summit Mount Everest [4]. - The brand underwent a significant transformation after Bain Capital acquired a controlling stake for $250 million in 2013, expanding its product line from 20 to 200 styles and moving into everyday wear [4]. - Canada Goose's pricing strategy, with jackets averaging $900, has positioned it closer to the luxury market, and its distinctive Arctic logo has become highly recognizable [4]. Group 2: Challenges and Market Dynamics - In 2021, Canada Goose faced controversies in China regarding product quality and advertising, leading to a decline in brand image and sales growth, with annual sales growth dropping from 21% to 1% [5]. - Despite these challenges, the latest quarterly report showed an 18.7% year-on-year revenue increase in the Greater China region for April to June 2025, attributed to the brand's efforts to diversify its product offerings beyond seasonal down jackets [5][6]. Group 3: Product Diversification and Sales Strategy - Canada Goose has been actively expanding its product categories since 2018, acquiring footwear manufacturers and knitwear factories, which has allowed it to introduce items like wool sweaters and sunglasses [6]. - The introduction of lower-priced items, such as T-shirts priced at 1,700 yuan, has made the brand more accessible and increased purchase frequency throughout the year [6]. - The brand's direct-to-consumer (DTC) sales have seen a 24% year-on-year increase, with DTC sales accounting for 70% of total revenue, particularly strong in the Greater China region [9]. Group 4: Production and Supply Chain Considerations - Canada Goose maintains a vertically integrated manufacturing system, producing most of its products in Canada, which is seen as a core competitive advantage [10]. - The company has begun producing 20% of its products in Europe, which introduces new supply chain challenges, particularly for its year-round product lines that require more frequent updates [11]. Group 5: Future Outlook and Ownership Changes - Bain Capital, which holds over 60% of Canada Goose's voting shares, is reportedly considering selling its stake, reflecting uncertainties about the brand's future growth [12]. - Despite recent revenue growth, Canada Goose is still facing losses, with net losses increasing by nearly 70% year-on-year, prompting the company to withdraw its annual revenue guidance [12].

Group 1 - The core viewpoint of the news is that both Bosideng and Anta have denied any plans to acquire the down jacket brand Canada Goose, amidst reports of potential sales by its major shareholder Bain Capital [1][5] - Bain Capital is reportedly seeking to sell its stake in Canada Goose, with Boyu Capital having made a verbal offer and Advent International in discussions with Bain [1] - Other potential buyers mentioned include Bosideng International and a consortium formed by FountainVest and Anta Sports [1]

Core Viewpoint - Anta and Bosideng both denied reports regarding a potential acquisition of Canada Goose Holdings Inc, clarifying that the information is false and that they have no undisclosed information [1]. Group 1 - Bosideng issued a statement on the Hong Kong Stock Exchange, addressing media reports about a possible acquisition of Canada Goose, confirming that the reports are untrue [1]. - Anta also released a clarification, stating that it is not involved in any potential acquisition of Canada Goose [1].

Core Viewpoint - Recent media reports suggested that Bosideng may acquire Canada Goose Holdings Inc., but Bosideng clarified that these reports are untrue and that there is no undisclosed information [1]. Group 1: Company Announcements - Anta also announced that it is not a potential acquirer of Canada Goose Holdings Inc. [3]. - Canada Goose's major shareholder, Bain Capital, is reportedly considering selling part or all of its stake [3]. Group 2: Market Performance - Canada Goose's revenue growth has significantly slowed, with revenue growth rates of 21.54%, 10.84%, 9.6%, and 1.1% projected from fiscal year 2022 to 2025 [4]. - In fiscal year 2025, Canada Goose's revenue increased by 1.1% to CAD 1.348 billion, while net profit surged by 78.3% to CAD 104 million [4]. - The Greater China market saw a revenue increase of 1.0% to CAD 427 million, but a decline of 1.7% when adjusted for fixed exchange rates [4]. Group 3: Market Position and Strategy - The Asia-Pacific market outside of Greater China grew by 31.4%, while the U.S. market grew by 4.4% [4]. - Canada Goose's sales in Greater China surpassed North America in fiscal year 2024, reaching CAD 422 million [5]. - Canada Goose has made multiple changes in its China president position since 2022, indicating potential management instability [5]. Group 4: Competitive Landscape - Bosideng launched a brand upgrade strategy in 2018, positioning its "Dengfeng Series" down jackets (priced between 5,800 and 11,800 yuan) against Canada Goose [5]. - Bosideng's revenue for fiscal year 2024/25 exceeded 25.9 billion yuan, with an 11.6% growth, and net profit increased by 14.3% to 3.514 billion yuan [5].

Core Viewpoint - Canada Goose is reportedly exploring a potential sale, with interest from private equity firms and other buyers, amid a backdrop of declining growth and market performance [3][4]. Group 1: Acquisition Rumors - Recent media reports suggest that private equity firms Hillhouse Capital and Bain Capital have expressed verbal interest in acquiring Canada Goose, with an estimated valuation of approximately $1.35 billion [3]. - Other potential buyers include a consortium formed by Bosideng, Anta Sports, and FountainVest Partners, which previously collaborated on acquisitions in the sports sector [3]. Group 2: Financial Performance - For the fiscal year ending March 30, 2025, Canada Goose reported revenues of CAD 1.3484 billion, reflecting a modest year-on-year growth of 1.1%, with the Asia-Pacific market (excluding Greater China) showing significant growth of 31.4% [4]. - Over the past three years, Canada Goose's revenue growth has significantly slowed, dropping from 21.5% to 1.1% [4]. - The company's market capitalization has decreased by over RMB 44 billion, currently standing at approximately RMB 9.7 billion [4]. Group 3: Recent Performance and Strategy - In the first quarter of fiscal 2026, Canada Goose achieved a 22.4% year-on-year revenue increase, reaching CAD 108 million (approximately RMB 561 million), marking the largest growth in nearly nine quarters [4]. - The company has implemented a seasonal strategy to diversify its product offerings beyond winter apparel, introducing items such as sweaters, footwear, and sunglasses, which has helped maintain consumer engagement during off-peak seasons [5].