Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
lululemon athletica inc. (LULU) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
lululemon athletica inc. (LULU) - free report >>
Image: Bigstock
Is Canada Goose Poised for Massive Growth?
(0:20) -Canada Goose: Luxury Parkas
(1:15) - Performance Since IPO
(3:00) - Store Openings and New Product Line
(6:45) - Episode Roundup: Podcast@Zacks.com
On this week’s episode of Shopping for Stocks, Editor Maddy Johnson takes another look at specialty retailer Canada Goose Holdings Inc. (GOOS - Free Report) , a company that is known specifically for its $900-and-up parkas with fur-trimmed hoods (also read: After IPO, Canada Goose Stock Continues to Gain).
Canada Goose made its market debut earlier this year, marking one of the biggest apparel IPOs since Lululemon (LULU - Free Report) and following closely behind Snap Inc.’s (SNAP - Free Report) much-hyped tech IPO.
Without a doubt, Goose’s IPO was a huge win for the company, but once the initial buzz wore off, the retailer needed to prove that it could grow its business in every major way. And with two positive earnings reports under its belt, Canada Goose is on its way to fulfilling this important goal.
In addition to posting smaller-than-expected losses in its last two quarters, the company is opening five new stores by the end of this year, as well as launching a highly-anticipated knitwear collection that could help transform Goose into a more well-rounded retail business.
Will these strategies keep Canada Goose on its already-positive growth track? The biggest name in parkas sure is hoping so.
As a reminder, if you feel that something was missed, or if you want a different topic covered, send an email to podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave a rating on iTunes.
Thanks for listening to this week’s episode of Shopping for Stocks!
Zacks' 10-Minute Stock-Picking Secret
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month. Learn the secret >>