Canada Goose Holdings Inc T.GOOS

Alternate Symbol(s): GOOS

Consumer Cyclical Luxury Goods

Canada Goose Holdings Inc. is a Canada-based lifestyle brand and a manufacturer of performance luxury apparel. The Company designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies. The Company’s product offerings include various styles of parkas, lightweight down jackets, rainwear, wind wear, apparel, fleece, footwear, and accessories for the fall, winter, and spring seasons. It operates through three segments: Direct-to-Consumer (DTC), Wholesale, and Other. The DTC segment comprises sales through country specific e-commerce platforms available across numerous markets, which includes the recommerce platform Canada Goose Generations, and Company-owned retail stores located in luxury shopping locations. Its Wholesale segment comprises sales made to a mix of retailers and international distributors. It has its operations in Canada, the United States, North America, Asia Pacific and Europe, the Middle East, Africa (EMEA).

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Canada Goose Holdings Inc > GOOS to make health medical gear, gowns

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Comment by jjeerryyon Jul 17, 2020 1:36am

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Post# 31279627

RE:RE:RE:RE:RE:GOOS to make health medical gear, gowns

Aurum1983 wrote:
Learn how to do math, I am 37.

You are missing the point. Which is that this whole consumer discretionary industry should be avoided for the foreseeable future. No one is going to show off their COVID coyote parkas in a gathering, much less in the mood to slurge on over-the-top expensive items. If they spend on luxury it will be related to their homes where they are spending most of their time either working/unemployed at home. Case in point - Lululemon buying out Mirror home fitness.

The investment thesis as it relates to this sector and particulary GOOS one-trick pony is simple, avoid it and sell at every rally. Bad news, downgrades and bankrupcies will come. We are just at the tip of the iceberg.

My April post rubbing into the $5 gown and masks is precisely because that very action highlights the crux of the problem for GOOS, that the current situation is such that they have nothing better to produce then the worthless masks and gowns for COVID that is criplling them. It could not have been any more audicious, it was like an annoucement that they are going out of business. We don't need GOOS to make masks they have no idea what they are doing anyways. Leave that to companies like 3M. There is not a doubt in my mind that this GOOS is done.