Canada Goose(GOOS)
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Canada Goose (GOOS) Flat As Market Sinks: What You Should Know
ZACKS· 2024-10-23 22:56
In the latest trading session, Canada Goose (GOOS) closed at $10.22, marking no change from the previous day. The stock's change was more than the S&P 500's daily loss of 0.92%. Elsewhere, the Dow lost 0.96%, while the tech-heavy Nasdaq lost 1.6%.Heading into today, shares of the high-end coat maker had lost 7.09% over the past month, lagging the Retail-Wholesale sector's gain of 1.69% and the S&P 500's gain of 2.68% in that time.The investment community will be closely monitoring the performance of Canada ...
Canada Goose: Winter Is Coming, And It's Not Going To Be A Good One (Rating Downgrade)
Seeking Alpha· 2024-10-17 09:59
The stock market doesn't seem to think that we're going to enter a recession after a parade of bank earnings showed healthy results. However, not all sectors seem to agree: in particular, the consumer space and luxury goods seem to be With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contrib ...
2 Outerwear Stocks to Warm Up Your Portfolio for the Winter
MarketBeat· 2024-10-15 11:16
Canada Goose Overview - Canada Goose is a luxury outerwear brand known for its high-quality, durable, and fashionable products, including $1,800 parkas that require up to 13 production steps [2][3] - The company's iconic Snow Mantra parka was originally designed for Canadian Arctic workers and is field-tested at temperatures as low as -70°C [3] - Canada Goose generates the bulk of its business during the autumn and winter seasons, with a loyal customer base willing to pay premium prices for quality products [3] Financial Performance and Strategy - In fiscal Q1 2025, Canada Goose reported a loss of $0.79 per share but beat consensus estimates by a penny, with revenues growing 4% YoY to $88.1 million [5] - Direct-to-consumer (DTC) revenue grew 13% YoY to $63.1 million, driven by strong Asia Pacific sales, while wholesale revenues plunged 41% to $16 million [5] - The company plans to increase prices by a mid-single-digit percentage in fiscal 2025 and expects DTC comp sales to grow in the low single digits YoY [6] - Canada Goose is expanding its retail footprint with three new stores and four concession-based store-in-stores, contributing to incremental revenue growth [6] Market Position and Initiatives - Canada Goose has introduced a trade-in program, allowing customers to trade in used garments for gift card credits, with resold items discounted up to 50% [4] - The company is focusing on elevating the quality of its wholesale partners and reducing inventory, which fell 7% YoY to $484.3 million [5] - China's stimulus plan could boost sales, with the opening of two permanent stores in Wuhan and Macau, bringing the total store count to 70 [7] VF Corporation Overview - VF Corporation operates 11 outdoor apparel and footwear brands, including The North Face, VANS, Timberland, and Dickies [7][8] - The company sold its Supreme brand for $1.5 billion and is considering further brand sales as part of its Reinvent turnaround strategy [8] Financial Performance and Strategy - VF Corporation posted an EPS loss of $0.33 and an 8.9% YoY revenue decline in fiscal Q1 2025 but beat analyst expectations [10] - The North Face sales fell 3%, while global DTC brands saw a 6% YoY improvement, and VANS revenue declined 21% YoY but showed sequential improvement [10] - VF Corporation reiterated its free cash flow guidance of approximately $600 million, including proceeds from the Supreme sale [11] Reinvent Strategy - VF Corporation's Reinvent strategy focuses on streamlining operations, investing in brand building, cutting costs, and revitalizing the VANS brand [9] - The company is also strengthening its balance sheet and conducting a strategic review of its brand portfolio, with potential sales of underperforming brands [9]
Canada Goose: Will La Nina And Chinese Stimulus Set This Bird Free?
Seeking Alpha· 2024-10-13 21:09
As a Canadian, I have watched Canada Goose's (NYSE: GOOS ) performance loosely over the last few years. The iconic purveyor of heavy down-filled jackets and parkas had fallen on hard times, as its stock price is barely trading for 1/5th Author of the Macro Trends & Inflection Points Newsletter. I spent 5 years as a co-founder and hedge fund CIO / manager. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. I write articles as part of my own due diligenc ...
Why the Market Dipped But Canada Goose (GOOS) Gained Today
ZACKS· 2024-10-07 22:56
Canada Goose (GOOS) closed at $12.22 in the latest trading session, marking a +1.5% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.96% for the day. Meanwhile, the Dow experienced a drop of 0.94%, and the technology-dominated Nasdaq saw a decrease of 1.18%. Heading into today, shares of the high-end coat maker had gained 14.45% over the past month, outpacing the Retail-Wholesale sector's gain of 7.74% and the S&P 500's gain of 4.3% in that time. Market participants will ...
Is Most-Watched Stock Canada Goose Holdings Inc. (GOOS) Worth Betting on Now?
ZACKS· 2024-10-03 14:05
Canada Goose (GOOS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this high-end coat maker have returned +9.1%, compared to the Zacks S&P 500 composite's +1.3% change. During this period, the Zacks Retail - Apparel and Shoes industry, which Canada Goose falls in, has gained 1.8%. The key question now is: What could be the stock's f ...
Canada Goose (GOOS) Declines More Than Market: Some Information for Investors
ZACKS· 2024-10-01 22:56
Canada Goose (GOOS) ended the recent trading session at $12.32, demonstrating a -1.68% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.93% for the day. Meanwhile, the Dow experienced a drop of 0.41%, and the technology-dominated Nasdaq saw a decrease of 1.53%. The high-end coat maker's shares have seen an increase of 7.37% over the last month, surpassing the RetailWholesale sector's gain of 5.61% and the S&P 500's gain of 2.17%. The investment ...
What Makes Canada Goose (GOOS) a New Buy Stock
ZACKS· 2024-10-01 17:00
Canada Goose (GOOS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Indi ...
Is Canada Goose (GOOS) a Great Value Stock Right Now?
ZACKS· 2024-10-01 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis ...
Strength Seen in Canada Goose (GOOS): Can Its 6.8% Jump Turn into More Strength?
ZACKS· 2024-09-30 18:31
Canada Goose (GOOS) shares soared 6.8% in the last trading session to close at $12.67. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.8% gain over the past four weeks. The company's strategic initiatives, including the appointment of Haider Ackermann as Creative Director and the successful launch of innovative products like the Polar Bears International Hoodie and Vancouver Rain Boot, underscore its commitment to brand evoluti ...