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Tag: GOOS stock

  • Earnings Boost Canada Goose (GOOS) Stock In Market Rally

    Earnings Boost Canada Goose (GOOS) Stock In Market Rally

    Canada Goose Holdings Inc. (NYSE: GOOS) shares were gaining 28.14% momentum to USD 11.43 as of the last check today. The significant gain was followed by the release of its earnings report for the full year and Q4 2025.

    Good Financial Outcomes Showcase Strategic Alignment

    Canada Goose reported an overall sales increase of 7.4% year over year, or a 4.0% gain on a constant currency basis, at CAD 384.6 million. The gross profit rose 17.8% to CAD 274.4 million, a considerable rise. Adjusted net income attributable to shareholders rose from CAD 19.3 million (CAD 0.19 per diluted share) to CAD 32.0 million (CAD 0.33 per diluted share) in comparison to the same period previous year.

    The fourth-quarter numbers show how effective Canada Goose’s strategy is, particularly in terms of raising comparable direct-to-consumer (DTC) sales. The Snow Goose capsule’s success, improved retail execution, and compelling brand narrative as key growth contributors.

    Operational Efficiency and Retail Expansion

    Canada Goose achieved quantifiable advancements in its operating priorities for fiscal 2025. Employee training, better product availability, and staff optimization improved retail operations and raised conversion rates in similar locations. By converting two temporary stores and opening four new permanent sites, the business significantly increased its physical footprint, reaching 74 locations worldwide.

    Product Innovation and Marketing Momentum

    Significant success was achieved by the company’s marketing initiatives, particularly with the Snow Goose campaign, which was Creative Director Haider Ackermann’s first project. The ad, which was introduced in November, preserved the brand’s fundamental performance ethos while reviving its history.

    Further enhancing regional participation, Canada Goose also carried out a successful Lunar New Year campaign in important Asian markets. Brand positioning was further enhanced by strategic wholesale alliances with Selfridges and Galeries Lafayette in EMEA.

    Another important turning point in the company’s expansion of product categories was the debut of its first digitally exclusive offering of the Eyewear collection. Canada Goose will be leveraging this innovative product development, aggressive marketing, and enhanced customer experiences to sustain its current momentum in fiscal 2026.

  • Behind The Surge: Canada Goose (GOOS) Pre-Market Momentum

    Behind The Surge: Canada Goose (GOOS) Pre-Market Momentum

    In the wake of the revelation of its financial standing, Canada Goose Holdings Inc. (NYSE: GOOS) is experiencing a notable surge in its shares during this pre-market session. As per the latest update, GOOS stock has seen a significant uptick of 14.23% on the US stock charts, reaching $13.05.

    Financial Triumphs

    Canada Goose (GOOS) has surpassed expectations with its fourth quarter results, indicating the robustness of its renowned brand and the meticulous execution of its strategies. During this period, GOOS witnessed a surge in revenue and gross profit, bolstered by favorable comparable sales growth despite challenging market conditions. The quarter saw a remarkable 22% increase in total revenue, amounting to $358.0 million, while gross profit soared by 22% to $233.0 million.

    Strategic Milestones

    At the end of this fiscal year, Canada Goose’s strategic goals have advanced significantly. The firm has grown its retail presence in strategic areas, increased revenue in a variety of product categories, and streamlined its organizational structure to improve efficiency and speed up decision-making.

    Initiatives With A Forward Look

    Canada Goose is poised to embark on initiatives designed to fortify its business platform, augment operational efficiency, amplify brand presence, and refine marketing strategies to forge deeper connections with its consumer base. Concurrently, the company remains committed to delighting its customers with a blend of its iconic products and novel offerings.

    Expansion And Innovation

    Throughout the fiscal year, Canada Goose has made substantial headway in key areas such as global retail expansion, customer acquisition endeavors, and product diversification. The company’s establishment of three permanent stores in the fourth quarter, totaling 17 new permanent outlets for fiscal 2024, reinforces its foothold in vital markets and enhances customer engagement.

    Sustainability And Collaboration

    In its pursuit of sustainability, Canada Goose introduced Generations, a recommerce platform, in fiscal 2024, facilitating the exchange of pre-loved products and prolonging their lifespan. Additionally, the company initiated nine collaborations during the fiscal year to bolster brand recognition, including a partnership with KidSuper in the fourth quarter featuring NBA player and Canada Goose’s latest Global Brand Ambassador, Shai Gilgeous-Alexander.

  • Canada Goose Holdings Inc. (GOOS) declined in the current market; here is why?

    Canada Goose Holdings Inc. (GOOS) declined in the current market after announcing its results for the third quarter of fiscal 2022. GOOS values at $28.32, losing more than 17.46% compared to yesterday’s closing price. The stock closed at $34.31 at the end of the last trading session. The stock volume traded in the last trading session was around 1.27 million shares. The current market cap of the company is around CAD 3.8 billion.

    GOOS: Q3 2022 Key Financials (Canadian Dollard)

    • Canada Goose Holdings Inc. (GOOS) announced revenue of $586.1 million in the third quarter of 2022. In the third quarter of 2021, the revenue was $474 million. 
    • Canada Goose Holdings Inc. (GOOS) operating income was around $205.9 million. Last year in the same quarter, the operating income was $153.3 million.
    • Canada Goose Holdings Inc. (GOOS) net income was around $151.9 million. The company’s net income in the third quarter of 2021 was $107 million.
    • GOOS’s diluted earnings per share were around $1.41 in the third quarter of 2022. The diluted EPS in the third quarter was $0.96.
    • As of Q3 2022, the company had cash and cash equivalents of $407.6 million.

    GOOS CEO’s remarks on the results of the third quarter of 2022

    Brand momentum and supply chain stability drove excellent performance in our largest quarter, said the President and CEO Dani Reiss. Our internet business outperformed last year, while retail productivity improved significantly. Despite short and unanticipated COVID-19 interruptions in select countries, we remain confident in our long-term sales and margin growth track.

    Conclusion

    Canada Goose Holdings Inc. (GOOS) outlook for 2022 seems disrupted. They are expecting revenue of $1.09 billion to $1.105 billion. Previously they estimated fiscal 2022 revenue between $1.125 and $1.175. The decline in the revenue is due to the new coronavirus variants and the disruption of the supply chain.