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Canada Goose Holdings Inc. - $GOOS STOCK NEWS

Welcome to our dedicated page for Canada Goose Holdings news (Ticker: $GOOS), a resource for investors and traders seeking the latest updates and insights on Canada Goose Holdings stock.

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 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.
Rhea-AI Impact
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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.
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Rhea-AI Sentiment
End-of-Day
-8.74%
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Rhea-AI Summary
Canada Goose Holdings Inc. reported second quarter fiscal 2024 results with a 1% increase in revenue year-over-year to $281.1 million. The company also reported a net income of $4.1 million and adjusted EBIT of $15.6 million. DTC revenue grew 15% to $109.4 million, driven by growth in in-store retail sales. Wholesale revenue decreased 10% due to planned streamlining of wholesale relationships. Gross profit grew 8% to $179.5 million, with a gross margin of 63.9%. Operating income was $2.3 million, a decrease from $21.5 million in the prior year. The company repurchased 1,364,542 subordinate voting shares for $29.9 million during the quarter.
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Rhea-AI Sentiment
End-of-Day
-8.74%
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Rhea-AI Summary
Canada Goose Holdings to announce Q2 2024 results on November 1, 2023
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-4.72%
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Canada Goose appoints Gary Saage and Jennifer Davis to its Board of Directors, while Marjan Anwar Khan joins as Chief Technology Officer. Woody Blackford and Paul Cadman have left the company. Saage and Davis bring extensive knowledge in finance and luxury retail, supporting strategic growth. Khan will lead technological evolution. No concrete positive or negative business takes affecting stock price.
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0.82%
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Rhea-AI Summary
Canada Goose unveils fall season brand campaign featuring trailblazing women in New Mexico
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2.37%
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Canada Goose Holdings Inc. announced the voting results from its annual meeting of shareholders. All the nominees for election as directors were elected by a majority of the votes cast. Deloitte LLP was reappointed as the Company's auditor. Mr. John Davison was appointed as the new Lead Director.
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-3.09%
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-1.4%
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-3.04%
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Canada Goose Holdings Inc.

NYSE:GOOS

GOOS Rankings

GOOS Stock Data

1.28B
45.54M
1.52%
102.05%
11.32%
All Other Miscellaneous Textile Product Mills
Manufacturing
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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