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Is Canada Goose (GOOS) Stock Outpacing Its Retail-Wholesale Peers This Year?
Canada GooseCanada Goose(US:GOOS) ZACKSยท2024-06-10 14:40

Group 1: Company Performance - Canada Goose (GOOS) has gained approximately 14.8% year-to-date, outperforming the Retail-Wholesale sector's average return of 9.5% [4] - The Zacks Consensus Estimate for Canada Goose's full-year earnings has increased by 7.1% over the past quarter, indicating improved analyst sentiment and earnings outlook [4] - Canada Goose holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market over the next one to three months [3] Group 2: Industry Context - Canada Goose is part of the Retail - Apparel and Shoes industry, which consists of 41 stocks and currently ranks 60 in the Zacks Industry Rank [6] - The average return for stocks in the Retail - Apparel and Shoes industry this year is 22%, indicating that Canada Goose is slightly underperforming its industry [6] - The Retail-Wholesale group includes 213 companies and is currently ranked 12 in the Zacks Sector Rank, reflecting the overall strength of the sector [2]