Engulfing Line (Bullish)
|Bid||22.54 x 800|
|Ask||22.55 x 1200|
|Day's Range||21.96 - 22.60|
|52 Week Range||12.94 - 47.92|
|Beta (5Y Monthly)||1.95|
|PE Ratio (TTM)||33.09|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.90|
The two big retailers are very different and seemingly headed in very different directions. But while Amazon.com dominates online retail, the brick-and-mortar variety remains quite large. Besides, Macy’s is cheap, and Amazon is flush.
Today, Canada Goose (NYSE: GOOS, TSX: GOOS) announced the expansion of its Canada Goose Response Program with delivery of 20,000 general uniform scrubs to Mount Sinai Health System in New York. The much needed gear will be distributed to healthcare workers across all eight Mount Sinai hospitals.
Canada Goose (NYSE:GOOS) (TSX: GOOS) today announced the appointment of Carrie Baker as President, North America and Kara MacKillop as Chief of Staff and EVP People & Culture, reporting to Dani Reiss, President & CEO.
Miller Value Partners recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Miller Value Partners Opportunity Equity Fund posted a return of -38.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned -19.6% in the same quarter. You should check out Miller […]
The fiscal 2020 fourth-quarter earnings report Canada Goose Holdings (NYSE: GOOS) delivered on June 3 showed the apparel retailer actually doing well. Clearly, there is good value here, which is especially reassuring considering the organization generates a large chunk of sales in Europe and Asia, where the pandemic hit earlier.
In this article you are going to find out whether hedge funds think Canada Goose Holdings Inc. (NYSE:GOOS) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus […]
Silgan, Canada Goose, Sempra Energy, Fortinet and Abbvie highlighted as Zacks Bull and Bear of the Day
At this time, I would like to welcome everyone to the Canada Goose fourth-quarter 2020 earnings call. With me are Dani Reiss, president and CEO; and Jonathan Sinclair, EVP and CFO. After prepared remarks from Dani and Jonathan, we will take your questions.
The global death toll from the coronavirus that causes COVID-19 rose above 380,000 on Wednesday after Brazil recorded its biggest one-day increase since the start of the outbreak, and protests about the death of George Floyd in Minnesota last week spread around the world.
Canada Goose (NYSE: GOOS) stock was soaring 11% higher heading into midday trading Wednesday after the outerwear company reported fiscal fourth-quarter earnings that beat analyst expectations. Corporate earnings coming in ahead of Wall Street forecasts has been rare during the COVID-19 pandemic, particularly for retailers like Canada Goose. While the near blackout during its fiscal first quarter would typically mean a disaster in the making, this period is Canada Goose's weakest quarter of the year anyway, representing around 7% of full-year sales.
(GOOS) stock leapt after the maker of expensive winter coats reported higher sales than expected for the March quarter, but said the Covid-19 pandemic would have a larger effect on the current quarter. The company reported an adjusted net loss of 13 million Canadian dollars (US$9.6 million), in line with expectations, according to FactSet. Canada Goose makes luxury winter parkas that typically cost around $1,000.
Department stores have been crushed by forced closures as countries looked to curb the spread of the coronavirus. Canada Goose, whose red parkas are worn by everyone from Arctic scientists to Hollywood celebrities, said shipments to department stores have been largely shutoff since March and it expects lower orders in the coming months compared to last year, given the piling up of inventory during closures. In the fourth quarter ended March 29, Canada Goose's revenue fell nearly 10% to C$140.9 million ($104.15 million), but beat analysts' estimates of C$128.1 million, according to IBES data from Refinitiv.
Canada Goose (GOOS) delivered earnings and revenue surprises of 0.00% and 38.13%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Canada Goose Holdings Inc. rose 3.8% in Wednesday premarket trading after the outerwear company reported fiscal fourth-quarter earnings that beat expectations. Net income for the period ending March 29 totaled C$7.9 million, or 2 cents per share, after C$6.0 million, or 8 cents per share, last year. Sales totaled C$140.9 million, down from C$156.2 million last year. The FactSet consensus was for a loss per share of 13 cents and sales of C$126.5 million. The first quarter is typically the smallest of the year, the company said. In response to the coronavirus, Canada Goose has reduced first-quarter cash expenses by C$90 million through a number of measures including executive salary reductions of 20%, with Chief Executive Dani Reiss foregoing his salary, and reduced investment in retail and manufacturing. As of June 1, Canada Goose had cash-on-hand of C$119.7 million and C$239.4 million remaining in its revolving credit facility. In the first seven weeks of the fiscal first quarter, 15 of the company's 20 stores were closed. Stores are open in Hong Kong, Montreal and Paris. Canada Goose is not providing guidance at this time due to the pandemic. The stock has slumped 40.4% for the year to date while the S&P 500 index is down 4.6% for the period.
Shares of Canada Goose Holdings (NYSE:GOOS) moved higher by 4.2% in pre-market trading after the company reported Q4 results.Quarterly Results Earnings per share fell 228.57% over the past year to ($0.09), which missed the estimate of ($0.07).Revenue of $105,111,000 declined by 9.06% year over year, which beat the estimate of $50,300,000.Guidance Earnings guidance hasn't been issued by the company for now.Canada Goose Holdings hasn't issued any revenue guidance for the time being.Conference Call Details Date: Jun 03, 2020View more earnings on GOOSTime: 09:00 AMET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.canadagoose.com%2Fnews-results-and-presentations%2Fdefault.aspx%3Fsection%3Devents&eventid=2156769&sessionid=1&key=C4DD8742F7A85892489BFA70ECF490AC®Tag=&sourcepage=registerTechnicals Company's 52-week high was at $47.9252-week low: $12.94Price action over last quarter: down 29.26%Company Overview Canada Goose Holdings Inc is a Canada based company which designs, manufactures, distributes and retails premium outerwear for men, women, and children. Its products are sold through select outdoor, luxury and online retailers and distributors. The company operates its business through two business segments namely, Wholesale and Direct to Consumer (DTC). Through its wholesale segment, the company sells to retail partners and distributors in countries. The company's Direct to Consumer segment is comprised of sales through its e-commerce sites and retail stores. It generates maximum revenue from the Direct-to-Consumer segment. Geographically, it derives a majority of revenue from Canada and also has a presence in the United States and Rest of World.See more from Benzinga * 17 Consumer Cyclical Stocks Moving In Friday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Canada Goose Holdings Inc. ("Canada Goose" or the "Company") (NYSE:GOOS, TSX:GOOS) today announced financial results for the fourth quarter and year ended March 29, 2020. The Annual Report, including Management's Discussion and Analysis and Audited Consolidated Financial Statements, will be filed on SEDAR at www.sedar.com, the EDGAR section of the U.S. Securities and Exchange Commission website at www.sec.gov and posted on the Company’s website at investor.canadagoose.com.
The U.S. economy will be in focus again on Tuesday with the release of the ADP employment report and the Institute for Supply Management non-manufacturing index.
It will be a big week for U.S. economic data with the release of the May jobs report and the Institute for Supply Management’s manufacturing index.