Canada Goose (GOOS) Soars 9.5%: Is Further Upside Left in the Stock?

Company Overview - Canada Goose (GOOS) shares increased by 9.5% to close at $11.79, with notable trading volume compared to typical sessions, and a 9.3% gain over the past four weeks [1] - The company has received exemptive relief from the Ontario Securities Commission to buy back up to 10% of its subordinate voting shares' public float through U.S.-based trading systems, part of an ongoing normal course issuer bid announced on Nov. 19, 2024 [2] Earnings Expectations - Canada Goose is expected to report quarterly earnings of$ 1.08 per share, reflecting a year-over-year increase of 6.9%, with revenues projected at $444.24 million, a decrease of 0.9% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Canada Goose operates within the Zacks Retail - Apparel and Shoes industry, where Abercrombie & Fitch (ANF) closed 1.1% higher at$ 120.83, but has seen a return of -22.7% over the past month [4] - Abercrombie's consensus EPS estimate has changed by +0.2% to $3.51, representing an 18.2% increase compared to the previous year, and it currently holds a Zacks Rank of 2 (Buy) [5]