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Canada Goose (GOOS) Exceeds Market Returns: Some Facts to Consider
Canada GooseCanada Goose(US:GOOS) ZACKSยท2024-07-16 22:56

Company Overview - Canada Goose (GOOS) shares have decreased by 11.64% over the past month, while the Retail-Wholesale sector gained 2.58% and the S&P 500 increased by 3.82% [1] - The stock closed at $12.04, reflecting a daily increase of 1.69%, outperforming the S&P 500's daily gain of 0.64% [2] Financial Performance - For the fiscal year, earnings are projected at $0.83 per share, with revenue expected to be $986.24 million, indicating a 13.7% increase in earnings but no change in revenue compared to the previous year [3] - The upcoming earnings report is scheduled for August 1, 2024, with an expected EPS of -$0.55, representing a 5.77% decline year-over-year, while revenue is projected to rise by 1.74% to $64.24 million [8] Valuation Metrics - Canada Goose is currently trading at a Forward P/E ratio of 14.27, which is lower than the industry average Forward P/E of 14.96 [5] - The PEG ratio stands at 2.13, matching the average PEG ratio for the Retail - Apparel and Shoes industry [11] Industry Context - The Retail - Apparel and Shoes industry ranks 157 in the Zacks Industry Rank, placing it in the bottom 38% of over 250 industries [6] - The Zacks Rank system indicates that Canada Goose currently holds a rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [10]