This “Boring” Canadian Stock is up 70x since IPO
The Canadian Investor
00:00
Canada Goose
The stock took a big hit when the earnings came out. Direct to consumer was up 1.5% and old sale was down 17%. But direct to consumer was 78% of revenues. Gross margins were up 160 basis point, but operating margin down 130 basis points net income down 11% earning per shares down 8.6% and free cashflow was down 43% for the first recorder of the year to 43 million.
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