TSE:GOOS

Canada Goose Holdings (GOOS.TO)

13.60
-0.08 (0.58%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
195 watching
0
WATCH

GOOS-T vs. LULU-Q. He follows them. He would like to own LLL-T. GOOS-T has come off their all time highs about 50%. He either needs to see their earnings grow or their stock price drop. He is looking at it. Both are extremely well run companies with strong brands. They have excellent management teams and strong franchises. GOOS-T would be his preference from a valuation perspective.

DON'T BUY
Problem is the highs are getting lower and the lows were getting lower. Stock is possibly consolidating. But you really need it to break out. An OK entry point might be around $50-55. Not the kind of stock he buys.
COMMENT

He prefers LVMH because it has global and product diversification, the top luxury brand. GOOS appeals more to a niche market. Both will do well as US-China relations warm. Chinese consumers will drive the sales of both companies.

BUY ON WEAKNESS
He likes the company and owns some personal shares. He is happy with the downdraft in the price as he has a model price of $52.88. However, he could see $37 trade, so he might wait to add to more of his position.
DON'T BUY
The stock got very expensive at 45x its book value with a high PE. The stock has been losing altitude and coming back to its fair market value. Nothing wrong with the company but he's not sure if it's work 9x its book value. Around $38, he would be more interested.
DON'T BUY
A cool company, but it's been in a downtrend. Maybe it's consolidating now, maybe levelling off. He wants to see $60 before he believes in it.
BUY ON WEAKNESS
He likes it and owns it personally. They have a great niche product. $49.58 is his model price. It is in a big sideways pattern.
COMMENT
They just reported. Their issue is good, but decelerrating growth. Tension between China and US hurts them marketing in China; the longer this drags on, the more it pressures Canada Goose. It's well off its highs, but still hasn't bottomed.
WATCH
Class action suit? He has not heard of any class action suit. Anytime a stock prices falls, lawyers look to take advantage on the opportunity. He thinks they make a great luxury product and it may have been impacted by a slow down in China. A slowdown in off season sales is not an issue. They are diversifying where they sell their product. As a long term investor it will probably do okay. He does not own it for clients. He wants to see what their peak season sales will be to give an opinion. He would wait to see what happens in the months that matter.
COMMENT

LULU vs GOOS? He would favour LULU as it has a more diversified product line. Both trade at high multiples. He does not own either.

COMMENT
There are lines to get into stores in Vancouver. But it still trades at a high valuation. Thankfully they are expanding their product line. Their numbers are lumpy, beating some quarters, raising expectations, then plunging the next. It is bottoming now and starting to build up. Winter should be strong for them.
DON'T BUY
A hot brand that has exceeded his expectations. But the stock is overpriced and he's not convinced this brand is sustainable. The stock is also expensive. US-China trade tensions don't help.
HOLD
Down 8.5% today The market is upset they did not increase their guidance. The CEO said why should they raise guidance in summer, when seasonally this is a should time for them. The fact he didn't increase the guidance has led to the big sell off -- magnified by today's down move in the market. This move down today makes no sense.
DON'T BUY
It is very expensive even though it has pulled back.
COMMENT
A super high-growth company but such companies which usually suffer lumpy returns. What kind of valuation can you put on this? Peers trade at 30x earnings with 20% growth in this sector. GOOS is less than that on a PEG ratio standpoint, so they have room to grow on a multiple and earnings standpoint. The stock fell after missing their last quarter. Maybe it was a one-time blip. Their shops in malls attract lines, so that indicates healthy demand. Doesn't pay a dividend.
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