Hey there. You can read our report on Canada Goose, which was when it filed its last quarterly earnings report here:
https://www.stocktrades.ca/premium/our-growth-picks/canada-goose-goos-to/
This up and coming quarter is typically a strong quarter for the company, as it is a company that's going to benefit in the colder months with its jackets.
Prior to the unrest in China and COVID-19, this was one of the fastest growing companies on the TSX Index. But it was hit with a couple pretty heavy punches that no one could have predicted. The key now that China is relatively back to normal and the rest of the world is recovering from COVID-19, will be how it rebounds.
Canada Goose's growth in its Asian segment was critical to the company moving forward. It's jackets are very popular in China. So, now that China is getting back to normal, we think the next quarter is really going to show a clear picture on how growth will progress over there. And, then we need to wait patiently for North America to recover.
In what was a high flying growth stock, it's now turned in to a very patient play.
This up and coming quarter will be key for us to determine our long term outlook on the company.
Of note, both Mathieu and I are long Canada Goose.