Canada Goose Holdings, Inc. Stock News

TORONTO--(BUSINESS WIRE)--Canada Goose Holdings Inc. (NYSE, TSX: GOOS) plans to announce results for the second quarter of fiscal year 2025, which ended September 29, 2024, before markets open on Thursday, November 7, 2024. The Company will host a conference call and webcast to discuss second quarter fiscal 2025 results at 8:30am ET on Thursday, November 7, 2024. A live webcast of the conferenc...

Canada Goose is entering into a very difficult winter season as resellers pull back their order books and China growth slows down. Read-through from other luxury vendors like LVMH also suggests a very tough consumer environment for high-priced goods. Making matters worse, Canada Goose's supply chain expansion into Europe is severely eating into its margins.

As the winter season approaches, its time to change the wardrobe to acclimate to the colder temperatures to follow. Adjusting your wardrobe is akin to adjusting your portfolio, as seasonality plays a role in both.

Canada Goose's stock has plummeted to its IPO price despite tripling revenues, mainly due to weak Chinese consumer spending and warmer weather in recent winters. Looking forward, a pending Chinese stimulus package and a developing La Niña weather pattern could boost demand for cold-weather gear. Trading at a modest Fwd P/E of 15.7x, Canada Goose presents a speculative buying opportunity if eith...

TORONTO--(BUSINESS WIRE)--Canada Goose Holdings Inc. (NYSE, TSX: GOOS) announced today the voting results from its annual meeting of shareholders (the “Meeting”) held on August 2, 2024. At the Meeting, all the nominees for election as directors listed in the Company's management information circular dated June 17, 2024, were elected by a majority of the votes cast by shareholders virtually pres...

Canada Goose Holdings Inc. (NYSE:GOOS ) Q1 2025 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Ana Raman - Vice President-Investor Relations Dani Reiss - Chairman & Chief Executive Officer Neil Bowden - Chief Financial Officer Carrie Baker - President-Brand & Commercial Beth Clymer - President-Finance Strategy & Administration Conference Call Participants Oliver Chen - ...

Canada Goose Holdings Inc.'s Q1 2025 results were disappointing, with decelerating revenues and challenges in retail and wholesale. The company's core business actually shrank, with wholesale down 40% and retail comps down in all regions. Despite operational improvements, the challenging economic context and strategic issues make Canada Goose's valuation unattractive, leading to a maintained Ho...

Canada Goose Holdings Inc (NYSE:GOOS, TSX:GOOS) posted higher-than-forecast sales for the fiscal first quarter as it benefitted from continued strong demand in China and growth in the Asia Pacific region. Sales during the three months ended June 30 were boosted by the launch of new non-winter items, such as lightweight styles suited to wet and warm environments and its first rain boot.