Canada Goose's Q1 Shows Challenging Trends, Stock Is Not An Opportunity Yet
Canada Goose(GOOS) Seeking Alpha·2024-08-02 04:48
Oleg_Ermak/iStock via Getty Images This article reviews Canada Goose Holdings Inc.'s (NYSE:GOOS) 1Q25 (June 2024) results and earnings call. It also revisits my previous Hold rating, which I have maintained on the stock since March 2024. The results were not good and were not in line with expectations, as the company is facing increasing headwinds in retail and wholesale and is trying to restructure its strategy, as discussed in detail in the 4Q24 article. However, these results are not particularly meaning ...