|Bid||36.99 x 3000|
|Ask||37.55 x 800|
|Day's Range||36.82 - 39.14|
|52 Week Range||31.67 - 72.27|
|Beta (3Y Monthly)||3.35|
|PE Ratio (TTM)||54.19|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.90|
Canada Goose shares nosedive as gross margins miss estimates on less profitable light-weight clothing. Yahoo Finance's Akiko Fujita and Ines Ferre discuss.
Yahoo Finance's Brian Sozzi spoke with Canada Goose CEO Dani Reiss to discuss the company's earnings, which came with a big revenue beat. Reiss said Canada Goose grew in all markets, and is going to continue its expansion, even as it feels pressure from department stores.
LOS ANGELES, CA / ACCESSWIRE / August 23, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canada Goose Holdings ...
NEW YORK, Aug. 23, 2019 -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Canada Goose Holdings, Inc. (“Canada.
Children's Place's (PLCE) earnings beat estimates in second-quarter fiscal 2019. However, soft sales resulting from weak traffic and increased promotional activity affect investor sentiment.
Home Depot's (HD) second-quarter fiscal 2019 earnings gain from strategic investments as well as a favorable macro environment and housing market. However, lumber price deflation hurts sales.
LOS ANGELES, CA / ACCESSWIRE / August 19, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canada Goose Holdings ...
LOS ANGELES, CA / ACCESSWIRE / August 16, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canada Goose Holdings ...
Bed Bath & Beyond (BBBY) witnesses margin pressures for 12 straight quarters now. Nevertheless, its turnaround efforts appear encouraging.
LOS ANGELES, CA / ACCESSWIRE / August 15, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canada Goose Holdings ...
PETA said Wednesday that it will bring Bill Maher to protest Canada Goose’s sourcing of fur and feathers at the company’s annual meeting.
By John Jannarone Luxury apparel company Canada Goose Holdings Inc. intends for gross margins on new products to reach those of its down-filled parkas over the long term and its upcoming footwear products should also deliver best-in-class profits. That’s according to an interview CEO Dani Reiss gave to IPO Edge Wednesday after the company posted […]
LOS ANGELES, CA / ACCESSWIRE / August 14, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canada Goose Holdings ...
Canada Goose Holdings Inc (NYSE: GOOS ) shares are trading lower after the company reported first-quarter EPS results down from last year. Canada Goose reported first-quarter EPS of CA 21 cents, which ...
(Bloomberg) -- Canada Goose Holdings Inc. dropped 4% after the luxury clothing maker stuck to an annual forecast even as revenue topped expectations in the latest quarter.In a phone interview, Chief Executive Officer Dani Reiss said it would have been “irresponsible” for him to change guidance based on the smallest sales quarter of the fiscal year.“My focus really is on building long-term shareholder value and building agreat brand for our consumers,” Reiss said. “I know that our shareholders understand our business.”Key InsightsSales growth suggests Canada Goose’s attempt to expand its offerings beyond winter gear with products such as $750 raincoats is paying off. The company also shipped wholesale orders to Asia and Europe earlier after increasing manufacturing capacity.Expansion in Asia and in particular China is working, with revenue from the region tripling. Overall revenue rose 59% to C$71.1 million ($54 million), more than the C$53.8 million expected by analysts. Reiss said the Hong Kong store has been performing well despite occasional disturbances due to protests.Even with the sales surge in the fiscal first quarter, Canada Goose left its annual revenue and net income guidance unchanged. Some analysts find it too conservative as it would mark a steep slowdown from the past. The Toronto-based company is forecasting revenue growth of at least 20%.The increased revenue helped make up somewhat for falling gross margins, which at 58% missed analysts’ estimate of 62%. Adjusted net loss per share -- reflecting the company’s slowest quarter of the year -- was less than expected, at 21 cents versus 24 cents.Market ReactionCanada Goose shares fell, tracking global equities lower. Investors’ concerns about the department store sector also increased after Macy’s Inc. trimmed its full-year profit forecast.Shares are down 7% this year, having recouped only part of the value lost on May 29 when the company reported revenue that missed analysts’ estimates for the first time.Get MoreFor more details on the results, see here.For the company’s statement, click here.\--With assistance from Karen Lin.To contact the reporter on this story: Sandrine Rastello in Montreal at firstname.lastname@example.orgTo contact the editors responsible for this story: Crayton Harrison at email@example.com, David ScanlanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Canada Goose (GOOS) delivered earnings and revenue surprises of 5.88% and 40.67%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?