GOOS - Canada Goose Holdings Inc.

NYSE - NYSE Delayed Price. Currency in USD
33.97
-0.49 (-1.42%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close34.46
Open34.52
Bid33.92 x 900
Ask33.98 x 1000
Day's Range33.57 - 34.86
52 Week Range31.67 - 59.94
Volume1,562,739
Avg. Volume2,338,480
Market Cap3.721B
Beta (5Y Monthly)3.15
PE Ratio (TTM)49.74
EPS (TTM)0.68
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est32.90
  • If You Had Bought Canada Goose Holdings (TSE:GOOS) Stock A Year Ago, You'd Be Sitting On A 32% Loss, Today
    Simply Wall St.

    If You Had Bought Canada Goose Holdings (TSE:GOOS) Stock A Year Ago, You'd Be Sitting On A 32% Loss, Today

    The simplest way to benefit from a rising market is to buy an index fund. When you buy individual stocks, you can make...

  • PR Newswire

    Canada Goose Launches Bespoke Project Atigi Collection Featuring 18 Inuit Designers

    Canada Goose (NYSE: GOOS) (TSX: GOOS) today launched its latest collection for Project Atigi, a social entrepreneurship program featuring hand-crafted parkas by Inuit designers from Inuit Nunangat in Northern Canada. Established in 2019, Project Atigi celebrates the expertise and the rich heritage of craftsmanship that has enabled Inuit to live in some of the most formidable climates and conditions.

  • Are Options Traders Betting on a Big Move in Canada Goose (GOOS) Stock?
    Zacks

    Are Options Traders Betting on a Big Move in Canada Goose (GOOS) Stock?

    Investors need to pay close attention to Canada Goose (GOOS) stock based on the movements in the options market lately.

  • Dick's Sporting Goods, Canada Goose, JinkoSolar, Sunrun and Bloom Energy highlighted as Zacks Bull and Bear of the Day
    Zacks

    Dick's Sporting Goods, Canada Goose, JinkoSolar, Sunrun and Bloom Energy highlighted as Zacks Bull and Bear of the Day

    Dick's Sporting Goods, Canada Goose, JinkoSolar, Sunrun and Bloom Energy highlighted as Zacks Bull and Bear of the Day

  • Bear of the Day: Canada Goose (GOOS)
    Zacks

    Bear of the Day: Canada Goose (GOOS)

    Bear of the Day: Canada Goose (GOOS)

  • Microsoft CEO Satya Nadella: 'I really would love for the 2020s to be defined differently'
    Yahoo Finance

    Microsoft CEO Satya Nadella: 'I really would love for the 2020s to be defined differently'

    Yahoo Finance speaks at length about the future of retail and the cloud business in an exclusive interview with Microsoft CEO Satya Nadella.

  • Former Apple store chief Ron Johnson: Amazon is in trouble
    Yahoo Finance

    Former Apple store chief Ron Johnson: Amazon is in trouble

    Ron Johnson says Amazon is pulling up to a crossroads after dominating retail this past decade.

  • MoneyShow

    Top Picks 2020- Canada Goose GOOS

    The shares of outwear specialist Canada Goose (GOOS) could be set to make a major turnaround after choppy trading in 2019, asserts Matthew Timpane, senior market strategist for Schaeffer's Investment Research.

  • Bloomberg

    Canada Goose’s New Year’s Challenge: Prove Short Traders Wrong

    (Bloomberg) -- Fourteen months after Canada Goose Holdings Inc. Chief Executive Officer Dani Reiss said the company was rising like a “rocket ship,” a growing number of investors are betting its shares are earthbound.Shares have fallen after each of the past four earnings reports, and the stock lost 17% last year. That’s turned the $1,000-parka company into a magnet for short sellers who would profit if the shares decline further.Bulls see the Toronto-based company’s foray into lighter apparel, like sweaters and rain coats, and its entry into new markets as evidence that there’s still plenty of market to tap. Bears, however, worry about inventories piling up, slower sales growth, and unpredictable profit margins. This makes 2020 a key year for Canada Goose. If there’s a time for the company to refresh its image with investors, it’s now.“Canada Goose is still a relatively small brand, with about two thirds of its sales in North America,” Bloomberg Intelligence analyst Maxime Boucher said. “It must use the next few quarters to establish itself as a top global luxury player.”While the company is expanding in Asia and Europe with new flagship stores and country-focused websites, its inventories are swelling --raising questions about whether production is outpacing demand. Canada Goose needs to bring them back to more normal levels soon “to reassure investors that its brand remains hot and suited to a luxury model of limited supply,” Boucher said.The company declined to comment for the story.This is being closely watched by the markets, as evidenced by analysts’ disagreement last month on whether discounts were deepening on Canada Goose parkas. Markdowns are rare for luxury companies that rely on scarcity and cachet to get shoppers to pay full price.‘Completely Different’Canada Goose stock trades at about 25 times estimated annual profit per share. That’s similar to Moncler SpA, a competing high-end ski jacket maker with higher price tags that’s based in Milan. Critics say that valuation is too high.“People seem to think that it’s Moncler 2.0,” said Brian McGough, a managing director at research firm Hedgeye who’s recommended shorting the stock since May. “It’s not. It’s a completely different business model in every way, shape, and form.”McGough said brands like Moncler keep demand high by limiting the supply of merchandise. Canada Goose, in contrast, produces as much as it can and assumes the market will absorb it, which increases the chance that goods will ultimately need to get discounted, he said.A slew of new products, such as $500 hoodies, elevates that risk, according to McGough, who sees outdoor-gear maker Columbia Sportswear Co. as a better-suited comparison for valuation. Columbia trades at about 21 times earnings.Canada Goose U.S.-listed shares have a total of about 15.6 million with short positions -- more than triple the levels at the start of 2019, according to financial analytics firm S3 Partners LLC. That’s more than a quarter of the company’s float, and all together represents about $545 million of its market capitalization, said Ihor Dusaniwsky, S3’s head of predictive analytics.Healthy SalesDespite the rise in investors betting against the shares, Canada Goose’s business remains healthy. The company expects growth of at least 25% for profit and at least 20% for revenue this fiscal year -- an enviable pace in the struggling retail sector. Ten analysts recommend buying the stock, against four hold ratings and one sell.The six-decade-old company with the North Pole crest logo is relying less on wholesalers by selling directly to consumers. Despite protests in Hong Kong, sales in China almost doubled last quarter.“Brand integrity remains intact in our view,” Evercore ISI analysts led by Omar Saad wrote in a note to clients last month, after finding no signs of meaningful discounting on the ground.Mixed MessagesIncreased scrutiny over Canada Goose’s use of coyote-fur trim, and ongoing protests against it, has also weighed on the stock. But part of last year’s drop seems to be a self-inflicted wound that’s related to executives failing to communicate clearly.Canada Goose’s earnings projections, for example, have repeatedly proved to be conservative in the past, leading investors to expect markedly higher numbers. So last May, when fourth-quarter revenue missed analysts’ average estimate for the first time since the company went public in 2017, the stock tumbled 31%.Then in November, shares reversed gains and fell when the company said that wholesale revenue would decline by a percentage “in the mid-teens” in the third quarter -- traditionally the most important period. The company said the drop could be attributed to some orders being fulfilled earlier in the season. At the same time, a 61% jump in inventories exacerbated investors’ concerns.“Demand remains exceptional, but communication leaves our feathers ruffled,” Susquehanna Financial Group analyst Sam Poser wrote in a note to investors at the time. “While management excels as operators, poor communication with the Street is weighing on the stock,” he said.Canada Goose’s Reiss sought to dispel concerns on the November call by noting that the timing of wholesale shipments varies every year and is unrelated to underlying demand. The inventory bump is related to a plan to maximize production efficiency as the company brings more of the manufacturing in-house, he added.Even so, the company’s stock has fallen about 15% since and short positions rose quickly in November.Analysts are hoping for clearer signs going forward.“More visibility on its financial strategy would help,” Bloomberg Intelligence’s Boucher said.\--With assistance from Janet Freund and Joshua Fineman.To contact the reporter on this story: Sandrine Rastello in Montreal at srastello@bloomberg.netTo contact the editors responsible for this story: David Scanlan at dscanlan@bloomberg.net, Jonathan Roeder, Lisa WolfsonFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.

  • Microsoft Pushes Cloud Services to Retailers Anxious to Avoid Amazon
    Bloomberg

    Microsoft Pushes Cloud Services to Retailers Anxious to Avoid Amazon

    (Bloomberg) -- Microsoft Corp. is unveiling new cloud tools designed for retail customers, seeking to position itself as an alternative to Amazon.com Inc. and corporate software companies like Slack Technologies Inc. and Salesforce.com Inc.Microsoft is adding a feature to its Slack rival, the Teams corporate chat program, that lets store workers push a button to turn their mobile phones into walkie-talkies for in-store communications. In a speech on Jan. 12 at a retail industry event, Microsoft Chief Executive Officer Satya Nadella plans to discuss how Ikea shifted more than 70,000 workers to Teams, using the service for meetings and chat. The home furnishing giant’s largest store, in Stockholm, also started using a scheduling feature to manage the shifts of 150 restaurant staffers.Ikea is also working with Microsoft to determine if Teams can play a role in its “store of the future” concepts. The Swedish company may put video screens in stores that use Teams to connect customers with kitchen design advisers, said Kenneth Lindegaard, an Ikea vice president. The company plans to have the rest of its 165,000-person workforce on Office 365 cloud software and Teams by the end of spring, although Ikea still has some smaller groups using Slack and Google’s G Suite, he said.  Ikea also uses Microsoft’s Azure and Google Cloud, he said.The retail industry has been one of Microsoft’s most successful as the software maker tries to gain ground in cloud computing against market leader Amazon Web Services and lure more customers to its internet-based Office products. Some retailers are loath to work with e-commerce rival Amazon. Nadella and Google Cloud chief Thomas Kurian are set to speak next week at the annual show of the National Retail Federation, the biggest retail trade group, underscoring how significant the industry is to Amazon’s biggest cloud competitors.  “A key part of our offering is that we partner and we don’t compete,” said Shelley Bransten, the vice president who oversees Microsoft’s work with retailers and consumer goods companies. But there are other benefits to working closely with retailers, she said in an interview. Some of the software products built for retailers will be useful for companies in other industries.For example, the walkie-talkie feature in Teams can help manufacturers, said Emma Williams, a Microsoft vice president who is charged with adding features to Office and Teams for use by customers in health care, retail, manufacturing and finance. Microsoft explained the new features in a blog post Thursday ahead of Nadella’s speech in New York, the CEO’s first appearance at the retail conference.Retail customers are also key to Microsoft’s competition with Salesforce, the leader in cloud-based customer relations software. Microsoft announced the official release of its Dynamics Commerce software for helping retailers manage inventory, scheduling, call centers, e-commerce sites and in-store operations. The company said outerwear maker Canada Goose Holdings Inc. has been using it. Microsoft also provided new details on how some previously announced Azure customers are working with its products. One year ago, Microsoft said Walgreens Boots Alliance Inc. would begin using Azure and deploy Microsoft 365—a collection of software that includes Windows 10, Office cloud services and security and mobile-management software—to the pharmacy giant’s more than 380,000 workers. Now Walgreens will try Microsoft’s HoloLens 2 goggles for worker training and the drugstore chain also is using Microsoft products to anonymously track shoppers’ steps, in order to better plan store layouts. Microsoft is also targeting another lucrative Amazon business — digital advertising for products on retailers’ websites. In August, Microsoft acquired New York-based PromoteIQ, which helps companies like Kroger Co. and Kohl’s Corp. sell ads on their websites to companies who want prime placement for their goods. Nadella will announce Home Depot has also signed up for the service.To contact the author of this story: Dina Bass in Seattle at dbass2@bloomberg.netTo contact the editor responsible for this story: Andrew Pollack at apollack1@bloomberg.net, Jillian WardFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Canada Goose Is Now Too Cheap to Ignore
    GuruFocus.com

    Canada Goose Is Now Too Cheap to Ignore

    A growth stock at a value price Continue reading...

  • Barrons.com

    Canada Goose Stock Has a Coyote Problem

    Animal-rights activists have long targeted the company for using coyote pelts and goose down in its parkas. Now, the protests may take a bite out of the company’s growth.

  • Investing.com

    StockBeat: Canada Goose Stock Stuck in Coyote Trap

    Investing.com – Apparel company Canada Goose sank in afternoon trading Monday following a Barron’s article that again raised the problem the company has with animal cruelty activists.

  • TLYS vs. GOOS: Which Stock Should Value Investors Buy Now?
    Zacks

    TLYS vs. GOOS: Which Stock Should Value Investors Buy Now?

    TLYS vs. GOOS: Which Stock Is the Better Value Option?

  • Lululemon Stock: Buy LULU for 2020 on Broad Athleisure Growth?
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    Lululemon Stock: Buy LULU for 2020 on Broad Athleisure Growth?

    Lululemon shares have skyrocketed 90% in 2019 to easily outpace giants such as Nike and Adidas. So is it time to buy LULU stock for 2020?

  • Hedge Funds Are Selling Canada Goose Holdings Inc. (GOOS)
    Insider Monkey

    Hedge Funds Are Selling Canada Goose Holdings Inc. (GOOS)

    We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

  • Is Canada Goose Holdings Inc. (TSE:GOOS) Expensive For A Reason? A Look At Its Intrinsic Value
    Simply Wall St.

    Is Canada Goose Holdings Inc. (TSE:GOOS) Expensive For A Reason? A Look At Its Intrinsic Value

    Does the December share price for Canada Goose Holdings Inc. (TSE:GOOS) reflect what it's really worth? Today, we will...

  • Buy Surging Nike (NKE) and Lululemon (LULU) Stock Before Earnings?
    Zacks

    Buy Surging Nike (NKE) and Lululemon (LULU) Stock Before Earnings?

    Ben Rains dives into Lululemon (LULU) and Nike (NKE) to see if investors should consider buying either stock with the sportswear retailers set to report their quarterly results soon...

  • Buy Soaring Lululemon Stock at New Highs Ahead of Q3 2019 Earnings?
    Zacks

    Buy Soaring Lululemon Stock at New Highs Ahead of Q3 2019 Earnings?

    Lululemon has historically traded heavily around earnings. So, should investors consider buying LULU stock with the athleisure apparel giant set to report its Q3 fiscal 2019 results on Wednesday, December 11?

  • Benzinga Pro's Top 5 Stocks To Watch For Thurs., Dec. 5, 2019: KR, YETI, BNGO, GOOS, ULTA
    Benzinga

    Benzinga Pro's Top 5 Stocks To Watch For Thurs., Dec. 5, 2019: KR, YETI, BNGO, GOOS, ULTA

    Shares traded slightly lower following Q3 earnings of $0.47/share on sales of $27.974 billion. YETI (YETI) - Goldman Sachs upgraded the stock to Buy and set a new $37 price target. Goldman's new price target represented potential upside of 11%.

  • Benzinga

    Canada Goose's No-Inventory Store, Explained

    Apparel maker Canada Goose Holdings Inc (NYSE: GOOS) opened a new store in a Toronto mall which has zero inventory on hand. Canada Goose named its Toronto store "The Journey" and visitors will try on a $1,000 jacket in a specialty designed 10 degrees Fahrenheit room. Markus Giesler, an associate professor of marketing at York University's Schulich School of Business, told BNN Bloomberg companies need to re-think stores away from merely being a "point of purchase." In-store transactions take a back seat to arousing shoppers' interest.

  • Canada Goose Unveils the Sights of Nature, Sounds of the Arctic and Touch of Real Snow with New Concept Store
    PR Newswire

    Canada Goose Unveils the Sights of Nature, Sounds of the Arctic and Touch of Real Snow with New Concept Store

    Canada Goose (NYSE: GOOS, TSX: GOOS) today announced The Journey, an innovative new retail concept located in CF Sherway Gardens, in Toronto, Canada. The first of its kind for the brand, The Journey redefines luxury shopping with a guided and fully interactive and experiential environment, where guests are immersed in the spirit of the outdoors.