GOOS.TO - Canada Goose Holdings Inc.

Toronto - Toronto Delayed Price. Currency in CAD
46.13
-5.65 (-10.91%)
At close: 4:00PM EST
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Previous Close51.78
Open51.24
Bid46.17 x 0
Ask46.20 x 0
Day's Range44.20 - 52.65
52 Week Range42.38 - 95.58
Volume3,195,360
Avg. Volume439,268
Market Cap5.052B
Beta (3Y Monthly)3.43
PE Ratio (TTM)39.23
EPS (TTM)1.18
Earnings DateFeb. 12, 2020 - Feb. 17, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est67.41
  • Canada Goose sees Hong Kong business 'significantly' impacted by protests
    Yahoo Finance Canada

    Canada Goose sees Hong Kong business 'significantly' impacted by protests

    Canada Goose's stock fell Wednesday as violent protests and political upheaval in Hong Kong led to a weaker performance at two of its stores.

  • Canada Goose earnings beat on strong jacket sales
    Yahoo Finance

    Canada Goose earnings beat on strong jacket sales

    Bring on that cold weather and winter coats. Yahoo Finance speaks with Canada Goose CEO Dani Reiss.

  • Canada Goose sees Asia revenue soar despite Hong Kong tensions
    The Canadian Press

    Canada Goose sees Asia revenue soar despite Hong Kong tensions

    Shares of Canada Goose Holdings Inc. sank even though it beat expectations as revenue grow more than 25 per cent in its most recent quarter partly as a result of a jump in Asia despite ongoing tensions in Hong Kong.Canada Goose shares lost $4.96 or 9.6 per cent at $46.82 in afternoon trading on the Toronto Stock Exchange.The shares fell as the company warned Wednesday that wholesale revenues are expected to decrease in the third quarter because orders were advanced leaving fewer remaining winter orders to come.The luxury parka retailer reported a $60.6 million second-quarter profit, amounting to 55 cents per diluted share for the period ending Sept. 29. That's compared with a $49.9-million profit, or 45 cents per diluted share, in the same quarter the previous year.On an adjusted basis, the company said it earned $63.6 million or 57 cents per diluted share, up from $51.1 million or 46 cents per diluted share a year ago.Analysts on average had expected a profit of 43 cents per share and $267.3 million in revenue, according to financial markets data firm Refinitiv.Revenue totalled $294.0 million, up from $230.3 million.In Asia, revenue nearly doubled from $26.2 million in the second quarter of 2018 to $48.9 million this year.The increase was realized even though the performance at the company's store in Shanghai's IFC Mall and Hong Kong's Ocean Center have "been impacted significantly" by a reduction in tourism and retail traffic that intensified over the quarter, CEO Dani Reiss said in a conference call.Hong Kong, which is part of China but has its own legal system and greater freedoms than the mainland, has seen increasingly violent protests as some say their freedoms are threatened. They accuse the city government of being beholden to Beijing.The protests started in June to oppose a now-withdrawn extradition bill. Chinese authorities have called protesters "rioters," as well as "murderers" more recently.Reiss said strong performance in other markets offset the impact in Hong Kong.The company is watching the situation closely and evaluating actions to streamline its cost base on the ground, including negotiating accommodations from landlords."Although ... we wish that the situation was different today, we are developing markets and building stores for decades, not just for the next quarter," he said.— With files from The Associated PressThis report by The Canadian Press was first published Nov. 13, 2019.Companies in this story: (TSX:GOOS)Aleksandra Sagan, The Canadian PressNote to readers: This is a corrected story. A headline in an earlier version incorrectly referred to third quarter.

  • UPDATE 2-Canada Goose sees frosty winter on earlier-than-usual shipments
    Reuters

    UPDATE 2-Canada Goose sees frosty winter on earlier-than-usual shipments

    Canada Goose Holdings Inc said earlier-than-usual shipments of its parkas and jackets to retailers would hurt its wholesale business in the current quarter and that its Hong Kong store came under pressure from protests in the city. Shares of Canada Goose fell 10% on Wednesday, erasing premarket gains, after the company said third-quarter revenue from wholesale, its biggest business by sales, would decrease in the mid-teens on a percentage basis from a year earlier. "We've shipped so much of our fall/winter order book earlier, which naturally means less shipments in the next quarter," Chief Executive Officer Dani Reiss told analysts on a conference call.

  • Canada Goose Falls Most Since May on Hong Kong, Outlook
    Bloomberg

    Canada Goose Falls Most Since May on Hong Kong, Outlook

    (Bloomberg) -- Canada Goose Holdings Inc. fell on Wednesday after saying that unrest in Hong Kong hurt its business there and that wholesale revenue will decline this quarter. Earlier, the stock had risen, bolstered by sales in Asia.Chief Executive Officer Dani Reiss said performance in Hong Kong, where Canada Goose recently opened a second store, was significantly impacted by protests. The parka maker reported global revenue increased 28% to C$294 million ($221 million) in the fiscal second quarter, outpacing projections. The company didn’t raise its guidance for the full year and reported that inventory expanded. For more details, see here.Key InsightsThe Toronto-based company cited “standout performances in Asia” during last quarter in its statement, but the follow-up comments about Hong Kong sparked a reversal in the shares. Despite the disruptions, demand in China remains strong, the company said.Investors also reacted to a forecast that third-quarter wholesale revenue would decline “in the mid teens,“ as some orders were fulfilled earlier in the season this year. That drop doesn’t mesh well with a 61% jump in inventory that Canada Goose says it’s building up as a buffer to maximize production efficiency. Reiss said there’s no risk of excess because most of the inventory is carried over year after year and sold at full price.Canada Goose posted strong sales growth in the U.S., where it has faced increased scrutiny since going public over the use of coyote fur in its parkas. California became the first U.S. state to ban fur sales in October, with legislation to take effect in 2023.Management has moved to broaden its offerings beyond winter products, adding items such as rain gear and lightweight jackets. The company acquired bootmaker Baffin Inc. for C$32.5 million late last year to begin building a footwear business under the Canada Goose name.Market ReactionU.S. shares of Canada Goose fell as much as 11%, the most intraday in more than five months, to $34.68 in New York. They had lost 11% this year through Tuesday’s close, compared with the 22% gain in the S&P 500 Retailing Index.For company statement, click here.(Updates with inventory and wholesale outlook, share drop)\--With assistance from Janet Freund and Cécile Daurat.To contact the reporters on this story: Sandrine Rastello in Montreal at srastello@bloomberg.net;Kim Bhasin in New York at kbhasin4@bloomberg.netTo contact the editors responsible for this story: Anne Riley Moffat at ariley17@bloomberg.net, Jonathan Roeder, Lisa WolfsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Business Wire

    Canada Goose Reports Results for Second Quarter Fiscal 2020

    Second Quarter Fiscal 2020 Highlights :

  • Investing.com

    Canada Goose Loses Flight on Earnings Warning

    Investing.com - Canada Goose (NYSE:GOOS) had its feathers ruffled after an earnings call on Wednesday, as the retailer warned that recent protests in Hong Kong will have a significant impact on the current quarter.

  • Santa Claus Rally: 2 Stocks That Could Soar Into Year-End!
    The Motley Fool

    Santa Claus Rally: 2 Stocks That Could Soar Into Year-End!

    If you're looking for timely bets, consider Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) and another stock that could skyrocket into year-end.

  • Canada Goose (TSX:GOOS) Plummets From 2018 Highs: Time to Buy?
    The Motley Fool

    Canada Goose (TSX:GOOS) Plummets From 2018 Highs: Time to Buy?

    Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) continues to post mostly impressive results, but with valuations that remain high, there is a real risk in this cyclical stock.

  • 3 Mid-Cap Millionaire-Makers for 2020
    The Motley Fool

    3 Mid-Cap Millionaire-Makers for 2020

    This trio of mid-cap stocks, including Canada Goose Holdings (TSX:GOOS)(NYSE:GOOS), could provide the risk/reward balance you need.

  • This TSX Stock Is Set to Double in Fewer Than 12 Months
    The Motley Fool

    This TSX Stock Is Set to Double in Fewer Than 12 Months

    Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) stock has been hit hard recently, but if you look at the underlying data, there's reason to believe a big upward move could be ahead.

  • Is Canada Goose (TSX:GOOS) Stock a Buy Ahead of Earnings?
    The Motley Fool

    Is Canada Goose (TSX:GOOS) Stock a Buy Ahead of Earnings?

    Canada Goose Holdings Inc (TSX:GOOS)(NYSE:GOOS) is scheduled to release second-quarter results next week. Now might be the time to buy.

  • 2 Stocks That Are Perfect for TFSA Investors
    The Motley Fool

    2 Stocks That Are Perfect for TFSA Investors

    Want to take full advantage of your TFSA savings? Stocks like Canada Goose (TSX:GOOS)(NYSE:GOOS) and Shopify Inc. (TSX:SHOP)(NYSE:SHOP) can help you do just that.

  • Why Canada Goose Holdings Inc.'s (TSE:GOOS) High P/E Ratio Isn't Necessarily A Bad Thing
    Simply Wall St.

    Why Canada Goose Holdings Inc.'s (TSE:GOOS) High P/E Ratio Isn't Necessarily A Bad Thing

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • These 3 TSX Stocks Prove Why Canada Is Still a Great Country to Bet On
    The Motley Fool

    These 3 TSX Stocks Prove Why Canada Is Still a Great Country to Bet On

    Despite lacklustre stock market returns, Canada is still capable of producing incredible stocks with major upside like Dollarama Inc. (TSX:DOL) and Cargojet Inc (TSX:CJT).

  • Business Wire

    Canada Goose Announces Second Quarter 2020 Earnings Release Date, Conference Call and Webcast

    Canada Goose Holdings Inc. (“Canada Goose” or the “Company”) (NYSE: GOOS, TSX: GOOS) today announced that the Company plans to issue results for the second quarter of fiscal 2020, ended September 29, 2019, prior to the market open on Wednesday, November 13, 2019. The Company invites investors to listen to a live webcast of its conference call being held on the same day at 9:00am ET. The live webcast will be available on the investor relations page of the Company’s website at http://investor.canadagoose.com.

  • Get Cozy This Winter With Canada Goose (TSX:GOOS) Stock
    The Motley Fool

    Get Cozy This Winter With Canada Goose (TSX:GOOS) Stock

    Let us take a look at Canada Goose stock to determine whether or not this could be a potential addition to your investment portfolio this winter season.

  • 2 Great Canadian Stocks to Buy for Upside
    The Motley Fool

    2 Great Canadian Stocks to Buy for Upside

    Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) and one other top Canadian stock could reward investors with upside in the long term.

  • Canada Goose Shareholder Notice: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Canada Goose Holdings, Inc. To Contact The Firm
    Newsfile

    Canada Goose Shareholder Notice: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Canada Goose Holdings, Inc. To Contact The Firm

    New York, New York--(Newsfile Corp. - November 2, 2019) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Canada Goose Holdings, Inc. (NYSE: GOOS) ("Canada Goose" or the "Company").Faruqi & Faruqi LogoIf you invested in Canada Goose stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/GOOS. There is no cost or obligation to you.You can also contact us by calling Richard Gonnello ...

  • Canada Goose Shareholder Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Canada Goose Holdings, Inc. To Contact The Firm
    Newsfile

    Canada Goose Shareholder Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Canada Goose Holdings, Inc. To Contact The Firm

    New York, New York--(Newsfile Corp. - November 1, 2019) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Canada Goose Holdings, Inc. (NYSE: GOOS) ("Canada Goose" or the "Company").Faruqi & Faruqi LogoIf you invested in Canada Goose stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/GOOS. There is no cost or obligation to you.You can also contact us by calling Richard Gonnello ...

  • TFSA Investing for Millennials: This Stock IS Poised for Massive Growth Over the Next 20 Years
    The Motley Fool

    TFSA Investing for Millennials: This Stock IS Poised for Massive Growth Over the Next 20 Years

    Why millennials need to pass on bonds and look to high-growth stocks like Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) to boost their TFSA retirement funds.

  • Warning! 3 Stocks to Avoid as Consumers Struggle With Debt
    The Motley Fool

    Warning! 3 Stocks to Avoid as Consumers Struggle With Debt

    As debt continues to pile up for consumers, it's inevitable that this current level of spending will have to slow down, which could impact a stock like BRP Inc (TSX:DOO)(NSADAQ:DOOO).

  • WARNING: A Bear Market Is Approaching. Are You Prepared?
    The Motley Fool

    WARNING: A Bear Market Is Approaching. Are You Prepared?

    Good way to prepare for the coming of a bear market is to play defence and seek safety in the Algonquin Power stock, Alimentation Couche-Tard stock, and Canada Goose stock.