What's Going On With Canada Goose Stock Thursday?
Portfolio Pulse from Dylan Berman
Canada Goose Holdings Inc. (NYSE:GOOS) reported its fiscal earnings for the first quarter of 2025, showing mixed results. The company beat sales estimates but missed earnings per share expectations. Despite a decrease in gross profit and inventory, the company maintained its guidance for fiscal year 2025. The stock is trading 3.98% lower.
August 01, 2024 | 5:48 pm
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Canada Goose reported mixed Q1 FY2025 earnings, beating sales estimates but missing EPS expectations. The stock is down 3.98% as a result. Despite the mixed results, the company maintained its guidance for fiscal year 2025.
The mixed earnings report, with a beat on sales but a miss on EPS, has led to a negative market reaction, causing the stock to drop by 3.98%. The maintained guidance provides some stability, but the immediate impact is negative.
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