Jun 4, 2019
Our Dog of the Week is a retail stock that had been a market darling since its IPO. The company, Canada Goose Holdings Inc. (GOOS:TSX), designs, manufactures, distributes and retails premium outerwear for men, women and children. This week, Canada Goose took a 31% hit in one day after it announced its 2019 fiscal results and its outlook for the current year. The stock had been trading at premium valuations and we had warned clients a number of times that any stumble or decrease in growth rate could fell the stock. Is the drop an opportunity or a sign of things to come?