Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Canada Goose (GOOS) and Hagerty, Inc. (HGTY) have performed compared to their sector so far this year.
We have narrowed our search to five retail - apparel and shoe industry stocks that have strong potential for 2024. These are: GOOS, LEVI, GPS, ANF, JILL.
Canada Goose has seen mixed results, recently, with a robust rebound in growth but flat adjusted EBIT versus last year and a modest near-term outlook. It has strong brand awareness and room to grow its retail store footprint and to further broaden its product line into other seasons and categories. A renewed focus on operational efficiency should temper expectations for near-term growth, but could help to establish a stronger foundation for growth beyond 2025.
Canada Goose reported strong revenue growth helped by a friends and family sale. Operating margins are expected to improve into next year.
NEW YORK, NY / ACCESSWIRE / May 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Canada Goose Holdings Inc. ("Canada Goose") (NYSE:GOOS) concerning possible violations of federal securities laws. On March 26, 2024, Canada Goose issued a press release announcing the "reduction of approximately 17% of corporate roles" as part of a transformation program, including, among other things, the departure of the Company's Chief Operating Officer.
Canada Goose Holdings Inc. (NYSE:GOOS ) Q4 2024 Earnings Conference Call May 16, 2024 8:30 AM ET Company Participants Ana Raman - Head of Investor Relations Dani Reiss - Chairman and Chief Executive Officer Neil Bowden - Chief Financial Officer Carrie Baker - President, Brand and Commercial Beth Clymer - President of Finance, Strategy and Administration Conference Call Participants Brooke Roach - Goldman Sachs Michael Vu - Barclays Oliver Chen - TD Cowen Rick Patel - Raymond James Jesalyn Wong - Evercore Ike Boruchow - Wells Fargo Jonathan Komp - Baird Operator Thank you for standing by. My name is John, and I will be your conference operator today.
Shares of Canada Goose surged 16% on Thursday after reporting better-than-expected revenue and earnings for its fiscal fourth quarter.
Canada Goose (GOOS) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.10 per share a year ago.
Shares of Canada Goose Holdings (GOOS) soared in intraday trading Thursday after the maker of fashion winter outerwear posted better-than-expected results as demand rebounded in North America and grew strongly in China.
The shares of Canada Goose Holdings Inc (NYSE:GOOS) are soaring today, after the luxury retailer announced strong fiscal fourth-quarter results thanks to recovering demand in China and the U.S. At last glance, GOOS was up 23% at $14.05.
The outerwear maker reports adjusted earnings of 19 cents a Canadian share on revenue of C$358 million in its fiscal fourth quarter.