Why bullish on Canada Goose?

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Hey guys, I’m curious as to your rationale for being so bullish on Canada goose. Theyendured significant losses last year.
Jancy King

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Asked on August 23, 2020 2:43 pm
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Hey Jancy. The company has been held back by some significant headwinds in China where it was seeing some crazy level growth.

Outside of some tech options, there weren't too many companies that were growing at the rate Canada Goose was. And its stock price is trading at levels we haven't witnessed since 2017.

China unrest and ultimately COVID-19 were two significant blows to the company, but in the end when things go back to normal, people are still going to love the jackets and the brand.

This is a company that hasn't missed a single earnings estimate since its IPO. We think patience will pay off with it. It may require some extensive patience now.

Keep in mind, Mathieu and I own Canada Goose. I bought the stock way back in 2017, Mathieu took a position some time after it was added to the Bull List.

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Posted by Dan Kent
Answered on August 23, 2020 7:16 pm