Canada Goose (GOOS) Soars 2.13% on Earnings, Analyst Upgrade

Generated by AI AgentAinvest Movers Radar
Wednesday, Jul 9, 2025 6:26 pm ET1min read

Canada Goose (GOOS) surged 2.13% today, marking its fifth consecutive day of gains, with a 17.55% increase over the past five days. The share price reached its highest level since July 2024, with an intraday gain of 3.48%.

Canada Goose's stock price has been influenced by several key factors recently. Analyst Gary Alexander upgraded the company's stock, citing a significant turnaround in its direct-to-consumer sales. This positive outlook from a prominent analyst has likely contributed to the stock's recent rally.


Additionally,

reported impressive earnings for the quarter, with earnings per share of $0.33, surpassing analysts' consensus estimates of $0.16. The company also saw a 7.4% increase in revenue, further bolstering investor confidence in its financial performance.


However, the company's announcement of job cuts at its head office to reduce costs led to a temporary retreat in share prices. This move, while aimed at improving operational efficiency, may have raised concerns among investors about the company's long-term strategy and workforce stability.


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