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Canada Goose Holdings Inc T.GOOS

Alternate Symbol(s):  GOOS

Canada Goose Holdings Inc. is a Canada-based company that operates a performance luxury outerwear, apparel, footwear and accessories brand. The Company designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies. Its direct to consumer (DTC) includes sales to customers through its directly operated retail stores and e-commerce Website available across numerous markets, which includes the recommerce platform, Canada Goose Generations, available in the United States and Canada. Its Wholesale segment comprises sales made to a mix of retailers and international distributors. The Company’s product offerings include various styles of heavyweight down and lightweight down jackets, rain and everyday jackets, fleece, vests, apparel, footwear, and accessories for the fall, winter, and spring seasons. It has its operations in Canada, the United States, North America, Greater China, Asia Pacific and Europe, the Middle East, Africa (EMEA).


TSX:GOOS - Post by User

Bullboard Posts
Comment by Wsaks00on Sep 20, 2019 7:29pm
99 Views
Post# 30150334

RE:Some life

RE:Some lifeUnfortunately, until there is a macro catalyst, such as a trade deal or significant positive economic news, this will continue to trend lower. Global growth is slowing and retail environment is unattractive. Chart shows another couple failed attempts to break the downtrend that started back in Nov 2018. Stock is heavily shorted due to overhype/ overvaluation. Initial growth prospects were likely overblown, and the price will continue to correct at lease for one more leg. Wouldn’t be surprised to see $35 by Q3.From there this may become an attractive store yet again, and have a Lulu Lemon style resurgence from lows. Global economic trends however will likely overpower, which means volutility.

Bullboard Posts