GOOS / Canada Goose cuts sales forecast, stock plunges

Canada Goose saw revenue decline on a constant-currency basis and cut its guidance. A challenging macro and geopolitical environment is weighing on th more_horizontal

Canada Goose Holdings Inc (NYSE:GOOS, TSX:GOOS) shares slid 11% to $13.74 in early trading on Wednesday after the luxury apparel retailer cut its full more_horizontal

Analysts downgraded the stock over a bearish outlook for the macroeconomic environment. Canada Goose reported a wider operating loss in the last quart more_horizontal

Luxury conglomerates are struggling with demand overhang as consumers pulled forward purchases into the pandemic period. Canada Goose stock has declin more_horizontal

Canada Goose Holdings has experienced significant revenue growth, driven by its successful expansion into the direct-to-consumer channel. The company' more_horizontal

As we bid farewell to the sun-soaked days of summer, heralded by the Labor Day long weekend, and prepare to embrace the impending chill of winter, a c more_horizontal

Unlike other DTC brands today, Canada Goose started as a manufacturer and still owns and runs the majority of the factories that produce its products. more_horizontal

Canada Goose Holdings, Inc. NYSE: GOOS delivered a solid earnings report on May 18. The maker of premium outerwear beat on both its top and bottom lin more_horizontal