Canada Goose Reports Results for Third Quarter Fiscal 2020

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Cowen Downgrades Canada Goose (GOOS:CN) (GOOS) to Market Perform, Could be Takeout Target

February 10, 2020 5:33 AM EST

Cowen analyst Oliver Chen downgraded Canada Goose (GOOS:CN) (NYSE: GOOS) from Outperform to Market Perform with a price target of Cdn$38.00/USD$29.00 (from Cdn$67.00/USD$50.00).

The analyst comments "Lack of evident revenue and gross margin upside amid evolving Coronavirus risks... More

Goldman Sachs Downgrades Canada Goose (GOOS:CN) (GOOS) to Sell

February 10, 2020 5:15 AM EST

Goldman Sachs analyst Alexandra Walvis downgraded Canada Goose (GOOS:CN) (NYSE: GOOS) from Buy to neutral with a price target of Cdn$45.00/USD$34.00 (from Cdn$57.00/USD$44.00).

... More

Canada Goose (GOOS) Reports Q3 EPS of Cdn$1.08

February 7, 2020 6:51 AM EST

Canada Goose (NYSE: GOOS) reported Q3 EPS of Cdn$1.08, versus Cdn$0.96 reported last year. Revenue for the quarter came in at Cdn$452.1 million, versus Cdn$399.3 million reported last year.

Third Quarter Fiscal 2020 Results (in Canadian dollars, compared to Third Quarter Fiscal 2019):

Total revenue increased by 13.2% to $452.1m from $399.3m, or 13.7% on a constant currency basis(1).DTC revenue increased to $301.8m from $235.3m, driven by incremental revenue from new retail stores. Retail revenue in Hong Kong was severely impacted by disruptions to tourism and retail traffic, together with frequent reductions to regular... More