Welcome to our dedicated news page for Canada Goose Holdings (Ticker: GOOS), a resource for investors and traders seeking the latest updates and insights on Canada Goose Holdings.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Canada Goose Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Canada Goose Holdings's position in the market.
Rhea-AI Summary
Canada Goose Holdings Inc. (GOOS) is set to announce its financial results for the fourth quarter and fiscal year 2024 on May 16, 2024. The company will hold a conference call and webcast to discuss the results, providing investors and analysts with insights into its performance.
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End-of-Day
-3.13%
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Canada Goose announces a restructuring of its global corporate workforce, reducing approximately 17% of corporate roles as part of the Transformation Program to drive long-term growth. The redesign aims to achieve cost savings, streamline decision-making, and enhance operational efficiencies.
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End-of-Day
-6.79%
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Rhea-AI Summary
Canada Goose Holdings Inc. (GOOS) will participate in the Raymond James 45th Annual Institutional Investors Conference with CFO Jonathan Sinclair conducting a fireside chat on March 4, 2024, at 2:50 p.m. Eastern Time. The presentation will be webcast live and archived on the Company's investor relations website.
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Rhea-AI Sentiment
End-of-Day
-4.38%
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Rhea-AI Summary
Canada Goose Holdings Inc. (GOOS) reported a 6% increase in revenue to $609.9 million for the third quarter of fiscal 2024, with a net income of $131.4 million and adjusted EBIT of $207.2 million. The company saw robust growth in the Asia Pacific region, increased revenue across categories, and strong holiday performance. However, DTC comparable sales decreased by 1.6% due to lower e-commerce sales, and wholesale revenue decreased by 28%. Gross profit grew by 8% to $449.7 million, and the company repurchased 3,609,932 subordinate voting shares. Canada Goose is confident in its ability to deliver long-term profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.51%
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Rhea-AI Summary
Canada Goose Holdings Inc. plans to announce results for the third quarter of fiscal year 2024 on February 1, 2024. The Company will host a conference call and webcast to discuss third quarter results. A live webcast of the conference call will be available on the company’s website. An archived replay of the webcast will be available shortly after the conclusion of the call.
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-5.38%
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Rhea-AI Summary
Canada Goose appoints Beth Clymer as President, Finance, Strategy & Administration
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-2.92%
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Canada Goose (GOOS) acquires Paola Confectii Manufacturing, a longstanding knitwear supplier, to support the growing apparel category. This marks the company’s first European facility and is expected to enhance product margins and supply control, while deepening in-house product expertise. Knitwear is a leading segment of the growing Apparel category, which exceeded $70 million in annual sales in fiscal 2023.
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Rhea-AI Sentiment
End-of-Day
1.88%
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Canada Goose Holdings Inc. (GOOS) Renews Normal Course Issuer Bid for Purchase of Up to 4,980,505 Subordinate Voting Shares, Representing 10% of Public Float
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Rhea-AI Summary
Canada Goose Holdings Inc announced that Neil Bowden has been named Chief Financial Officer and Jonathan Sinclair has been named President, APAC, effective April 1, 2024. Neil brings extensive financial expertise and a deep understanding of the brand, while Jonathan has over 20 years of global financial and operational experience. Larry Li has also been named Chief Operating Officer, APAC, effective January 1, 2024.
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Rhea-AI Sentiment
End-of-Day
-8.74%
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Rhea-AI Summary
Canada Goose Holdings Inc. reported a 1% increase in revenue to $281.1 million for the second quarter of fiscal 2024. Gross profit grew 8% to $179.5 million, and gross margin expanded to 63.9%. DTC revenue grew 15% to $109.4 million, while wholesale revenue decreased 10%. Operating income was $2.3 million, and adjusted EBIT was $15.6 million. Net income attributable to shareholders was $3.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.74%
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Canada Goose Holdings Inc.
NYSE:GOOS
GOOS Rankings
GOOS Stock Data
1.12B
45.54M
1.52%
102.05%
11.32%
All Other Miscellaneous Textile Product Mills
Manufacturing
United States of America
York
About GOOS
want to be a part of something awesome? at canada goose, the people we work with are just as important as the products we make. as one of the world’s leading manufacturers of outdoor luxury apparel, we surround ourselves with people who strive to be the best at what they do—and enjoy doing it. you don’t need to summit mount everest or journey to the south pole to work at canada goose, but you do need to share the passion for adventure that’s held by those who embrace life to its fullest. as we continue to spread our wings at home and around the globe, we’re seeking creative and collaborative people to join our team. do you have what it takes to become a goose person? we want to hear from you! the perks of being a goose person. our stunning, open-concept global headquarters in toronto includes a large cafeteria, private gym and beautiful showroom. when we’re not hard at work, we like to unwind at sporting events, bbqs, film festivals and friday morning breakfasts. not in toronto? our in