|Bid||25.01 x 0|
|Ask||25.00 x 0|
|Day's Range||24.85 - 31.10|
|52 Week Range||20.01 - 43.66|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||32.05|
|Earnings Date||Feb 02, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||29.80|
Yahoo Finance Live anchors discuss the decline in stock for Canada Goose.
Canada's main stock index edged lower on Thursday as losses in commodity-linked stocks offset gains in technology, while Canada Goose's shares crumbled after the luxury goods maker cut its full-year forecast. The Toronto Stock Exchange's S&P/TSX composite index ended down 10.61 points, or 0.1%, at 20,740.44. "We wouldn't be surprised to see some back and fill of overbought levels but we are constructive intermediate term," said Joseph Abramson, co-chief investment officer at Northland Wealth Management.
With the broader market continuing its streak of recent gains, shares of Canada Goose Holdings (NYSE: GOOS) were down 18% as of 10:55 a.m. ET on Thursday. The stock was rallying to start the year, but investors are now having to readjust expectations given management's updated guidance. The stock probably responded the most to management's full-year outlook.