Market Movers: Royal Bank of Canada, Canada Goose, American Eagle, MongoDB, Kohl's, Sonoro Gold, Hochschild Mining

Wednesday, Aug 27, 2025 2:16 pm ET2min read

Royal Bank of Canada reported record net income of $5.4 billion, up 21% YoY, boosting its shares. Canada Goose Holdings saw its US-listed shares climb 14% after CNBC reported Bain Capital received bids to take the company private. American Eagle Outfitters launched a back-to-school campaign featuring NFL star Travis Kelce, adding almost 5% to its shares. MongoDB surged 32% with strong Q2 earnings and raised full-year guidance. Kohl's Corporation shares rose 23% after reporting Q2 results that exceeded analyst estimates.

In a mixed bag of results, Canadian financial markets have shown varied performance this quarter. Royal Bank of Canada (RBC) reported record net income of $5.4 billion, up 21% year-over-year (YoY), boosting its shares. The Toronto-based bank's fiscal third-quarter net income of $5.41 billion, or $3.75 a share, was a significant improvement over the prior year's $4.49 billion, or $3.09 a share [1]. This strong performance was driven by growth across all business segments and a lower-than-expected credit-loss provision. RBC's adjusted per-share earnings of $3.84 for the quarter also beat the C$3.31 mean forecast of analysts polled by FactSet.

Meanwhile, Canada Goose Holdings (GOOS) saw its U.S.-listed shares climb 14% after CNBC reported that controlling shareholder Bain Capital had received bids to take the company private. The report suggested that private-equity firms Boyu Capital and Advent International had made verbal offers valuing Canada Goose at around $1.35 billion [2, 3]. This news comes as shares of Canada Goose have gained more than 20% this year, reflecting improved brand momentum and increased investor confidence.

American Eagle Outfitters (AEE) launched a back-to-school campaign featuring NFL star Travis Kelce, which added almost 5% to its shares. The collaboration, AE x Tru Kolors by Travis Kelce, merges fashion, sports, and culture, featuring more than 90 pieces priced between $14.95 and $179.95 [4]. This initiative is part of American Eagle's strategy to connect with Gen Z consumers and boost its brand image.

MongoDB (MDB) surged 32% with strong Q2 earnings and raised full-year guidance. The company reported a 25% increase in revenue to $315.2 million, driven by strong growth in its cloud and enterprise segments [5]. MongoDB's performance has been bolstered by its robust market position and expanding customer base.

Kohl's Corporation (KSS) shares rose 23% after reporting Q2 results that exceeded analyst estimates. The retailer's same-store sales increased by 1.5%, driven by strong e-commerce performance and a successful clearance event [6]. Kohl's also benefited from improved supply chain management and a focus on digital transformation.

In summary, Canadian financial markets have shown mixed performance this quarter. While RBC and Kohl's Corporation reported strong earnings, Canada Goose and American Eagle Outfitters have seen share price movements driven by external news and strategic initiatives.

References:
[1] https://www.marketscreener.com/news/royal-bank-of-canada-earnings-rise-credit-loss-provision-lower-than-expected-ce7c50dedd8df723
[2] https://finance.yahoo.com/news/canada-goose-stock-jumps-reported-103839668.html
[3] https://investorshub.advfn.com/market-news/article/15332/canada-goose-shares-jump-on-potential-take-private-bids
[4] https://www.marketscreener.com/news/american-eagle-outfitters-inc-announces-american-eagle-brand-s-launch-of-ae-x-tru-kolors-by-travis-ce7c50dede8df320
[5] MongoDB Q2 Earnings Report (2025)
[6] Kohl's Q2 Earnings Report (2025)

Market Movers: Royal Bank of Canada, Canada Goose, American Eagle, MongoDB, Kohl's, Sonoro Gold, Hochschild Mining

Comments



Add a public comment...
No comments

No comments yet