Canada Goose Holdings Inc. (GOOS) News
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GOOS News Highlights
- For GOOS, its 30 day story count is now at 17.
- Over the past 17 days, the trend for GOOS's stories per day has been choppy and unclear. It has oscillated between 1 and 11.
- The most mentioned tickers in articles about GOOS are ROSE, DTC and AMP.
Latest GOOS News From Around the Web
Below are the latest news stories about Canada Goose Holdings Inc that investors may wish to consider to help them evaluate GOOS as an investment opportunity.
New Strong Sell Stocks for February 18thGOOS, IPGP, and JD have been added to the Zacks Rank #5 (Strong Sell) List on February 18, 2022 |
Canada Goose Announces Grant of Regulatory Relief Regarding Share Repurchase ProgramTORONTO, February 11, 2022--Canada Goose Holdings Inc. ("Canada Goose" or the "Company") (NYSE:GOOS, TSX:GOOS) announced today that on January 25, 2022, the Ontario Securities Commission granted the Company exemptive relief to allow the purchase of up to 10% of its public float of subordinate voting shares (the "Shares") through the New York Stock Exchange ("NYSE") and other U.S.-based trading systems as part of the Company’s normal course issuer bid announced on August 13, 2021 (the "NCIB"). Ab |
Canada Goose Cuts FY 2022 Forecast; Shares DipCanada Goose Holdings (TSE: GOOS) (NYSE: GOOS) cut its full-year revenue and profit forecast on Thursday as Omicron restrictions dampen demand for the company's parkas and luxury footwear. Revenue & Earnings Revenue for Q3 2022 came in at C$586.1 million, an increase of 26.5% from C$474 million. Global e-commerce revenue rose 28.1%. DTC revenue rose 48.8% to C$445.4 million, driven by higher sales from existing retail stores, e-commerce growth, and store openings. DTC revenue in Mainland China increased by 35.1%. Wholesale revenue decreased 15% to C$136.7 million due to an earlier shipment timing relative to fiscal 2021. Net income amounted to C$151.9 million (C$1. |
Canada Goose Cuts FY 2022 Forecast; Shares PlungeCanada Goose Holdings (TSE: GOOS) (NYSE: GOOS) cut its full-year revenue and profit forecast on Thursday as Omicron restrictions dampen demand for the company's parkas and luxury footwear. Revenue & Earnings Revenue for Q3 2022 came in at C$586.1 million, an increase of 26.5% from C$474 million. Global e-commerce revenue rose 28.1%. DTC revenue rose 48.8% to C$445.4 million, driven by higher sales from existing retail stores, e-commerce growth, and store openings. DTC revenue in Mainland China increased by 35.1%. Wholesale revenue decreased 15% to C$136.7 million due to an earlier shipment timing relative to fiscal 2021. Net income amounted to C$151.9 million (C$1. |
Canada Goose Plunged Today -- Is the Market Overreacting?The coat maker reported earnings that missed estimates and it lowered its guidance. But the big picture still seems bright. |
Canada Goose cuts sales forecast, stock plungesYahoo Finance's Akiko Fujita and Brian Cheung discuss Canada Goose stock falling due to supply shortages and shipping delays. |
Why Canada Goose Stock Plunged 21% at the Open TodayShares of the winter coat maker fell after it reported earnings. They weren't bad, but they weren't good enough, either. |
CANADA STOCKS-TSX gains on strong energy stocks; Canada Goose slumpsCanada's main stock index rose on Thursday, lifted by strength in energy stocks after oil prices surged, while Brookfield Asset Management topped the index on plans to spin off its asset management unit at a $100 billion valuation. At 9:49 a.m. ET (14:49 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 60.46 points, or 0.28%, at 21,664.65. Brookfield Asset Management jumped 8% after it said it is considering spinning off its asset management unit at a valuation of $70 billion to $100 billion, according to a letter sent to shareholders. |
Canada Goose Plunges After Sales View Cut on Weakness Abroad(Bloomberg) -- Shares of Canada Goose Holdings Inc. had their biggest drop in more than two years after the maker of designer parkas cut its annual forecast due to lower sales in Asia and Europe.Most Read from BloombergThe Housing Boom May Be About to Go BustThe Housing Party Is Starting to Wind DownU.S. Inflation Charges Higher With Larger-Than-Forecast GainStocks Slide on Bullard Comments; Bond Yields Rise: Markets WrapMusk Looks Increasingly Isolated as Automakers Embrace LidarThe company sai |
Canada Goose Outlook Hit by COVID-19 RestrictionsCEO Dani Reiss said the brand remains strong with momentum carrying it toward its first year with sales over 1 billion Canadian dollars. |