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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (44392)5/31/2018 10:11:33 AM
From: Goose94Read Replies (1) | Respond to of 203362
 
Canada Goose Holdings (GOOS-T) new 52 week high, $53.57



To: Goose94 who wrote (44392)6/7/2018 8:58:42 AM
From: Goose94Read Replies (2) | Respond to of 203362
 
Canada Goose Holdings (GOOS-T) Canaccord Genuity analyst Camilo Lyon says Canada Goose Holdings is "flying at cruising altitude" after closing fiscal 2018 on a "solid" note.

Mr. Lyon reiterated his "buy" call on Shaw. He boosted his share target to $58 from $48. Analysts on average target the shares at $51.53. Mr. Lyon says in a note: "We believe the company benefitted from accelerated growth in its DTC [direct-to-consumer] channel coupled with rising brand awareness in the U.S. driven by new store openings and an expanding product assortment.

Our store work in Canada and the United States during the quarter support our belief that the prolonged winter in the Northeast led to very strong sell-thrus of parkas, likely resulting in upside to Q4 sales and margin estimates as GOOS's DTC channel was likely the primary point of demand fulfillment. Specifically, we see the potential for GOOS to beat our seven-cent loss EPS estimate (consensus at an 8-cent loss) by 3-5 cents. Importantly, we believe channel inventory in outerwear exiting the season is clean across the board, also boding well for fall '18 orders as retailers are left with bare racks.