In the latest close session, Canada Goose (GOOS) was down 3.05% at $8.89. This move lagged the S&P 500's daily gain of 0.05%. On the other hand, the Dow registered a gain of 0.46%, and the technology-centric Nasdaq decreased by 0.64%.
The high-end coat maker's stock has dropped by 1.19% in the past month, falling short of the Retail-Wholesale sector's loss of 0.78% and the S&P 500's gain of 0.61%.
Analysts and investors alike will be keeping a close eye on the performance of Canada Goose in its upcoming earnings disclosure. The company's earnings report is set to go public on July 30, 2026. The company is expected to report EPS of -$0.63, up 4.55% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $80.3 million, indicating a 3.07% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $0.89 per share and a revenue of $1.15 billion, demonstrating changes of +58.93% and +3.67%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Canada Goose. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 7.23% higher. At present, Canada Goose boasts a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Canada Goose is holding a Forward P/E ratio of 10.3. Its industry sports an average Forward P/E of 15.67, so one might conclude that Canada Goose is trading at a discount comparatively.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 53, which puts it in the top 22% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).