Canada Goose (GOOS) closed the most recent trading day at $9.17, moving -5.95% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 1.21% for the day. At the same time, the Dow lost 0.97%, and the tech-heavy Nasdaq lost 2.15%.
The high-end coat maker's shares have seen an increase of 2.96% over the last month, surpassing the Retail-Wholesale sector's gain of 2.27% and the S&P 500's gain of 0.42%.
Investors will be eagerly watching for the performance of Canada Goose in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 30, 2026. On that day, Canada Goose is projected to report earnings of -$0.63 per share, which would represent year-over-year growth of 4.55%. At the same time, our most recent consensus estimate is projecting a revenue of $80.3 million, reflecting a 3.07% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.89 per share and revenue of $1.15 billion, which would represent changes of +58.93% and +3.67%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Canada Goose. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 7.23% rise in the Zacks Consensus EPS estimate. Canada Goose is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that Canada Goose has a Forward P/E ratio of 10.95 right now. This expresses a discount compared to the average Forward P/E of 16.08 of its industry.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 58, placing it within the top 24% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).