$GOOS.TO

Canada Goose CEO Establishes Automatic Securities Disposition Plan

The chief executive officer and board chair of clothier Canada Goose Holdings (GOOS.TO), Dani Reiss, has established an automatic securities disposition plan allowing trades to be made in accordance with pre-arranged instructions given when the executive was not in possession of any material undisclosed information, the company said late on Wednesday.The ASDP will be effective 90 days following the announcement, or the second trading day following the date on which the company has filed its interim financial statements for the quarter ending June 28, whichever comes later.Sales of the subordinate voting shares under the ASDP may only commence as of the effective date.Up to 350,000 subordinate voting shares, representing about 0.36% of the issued and outstanding subordinate voting and multiple voting shares of the company, may be sold under the ASDP.The ASDP is designed to allow for an orderly disposition of the subordinate voting shares at prevailing market prices over the course of a 12-month period.

Canada Goose up 6% in U.S. Pre-Market Trading as Q4 Adjusted Earnings, Revenue Advance

Canada Goose Holdings (GOOS.TO), up 6% in U.S. pre-market trading, Thursday reported higher fourth-quarter adjusted earnings and revenue. The company also introduced its outlook for fiscal 2027.The luxury outwear manufacturer said adjusted earnings, which excludes most one-time items, increased to $36.3 million, or $0.37 per diluted share, from $32.0 million, or $0.33 per diluted share, in the previous corresponding quarter. Analysts polled by FactSet had forecast $0.40 per share.Total revenue increased 17.9% to $453.3 million, beating the $411.4 million expected. Canada Goose said DTC revenue climbed 15.2% to $361.7 million, reflecting growth across all regions. Wholesale revenue increased 54.4% to $49.1 million.The company expects revenue to increase in the low-single digits in fiscal 2027, compared with the year just completed."Our fourth quarter capped a year of meaningful progress and execution against our goals," said chief executive and board chair Dani Reiss. "Revenue growth was broad-based across regions and channels, supported by stronger conversion in DTC, improved wholesale performance, and continued momentum across our expanded product offering. Our brand and product continue to resonate with customers, and that strength showed up in healthier demand, improving retail productivity, and a more returns-focused approach to operating the business."Canada Goose shares were last seen up US$0.63, to US$11.31 in New York trading. It closed down $0.40, to $14.62 on the Toronto Stock Exchange on Wednesday.

Canada Goose Q4 Total Revenue Increased 17.9% to $453.3M

UBS Maintains Neutral Rating, US$12.00 Price Target on Canada Goose

UBS is maintaining its neutral rating and US$12.00 price target on the shares of Canada Goose (GOOS.TO) ahead of the luxury outerwear retailer reporting its fiscal fourth-quarter results on May 14.UBS Quant Team's data shows GOOS' crowding score is modestly below the industry average. The stock is also down 15.4% YTD vs. the S&P 500's +8% move. At the same time, GOOS' FY2 P/E multiple is roughly 1-turn above its past 3-year average."Overall, we believe sentiment leans slightly bearish and our conversations with investors suggests the same," UBS writes.Price: $14.88, Change: $-0.14, Percent Change: -0.93%