Canada Goose Shares Plunge 16% Following Significant Quarterly Loss
Stock Performance: Canada Goose's stock fell 16% on November 6 after reporting a net loss of CA$0.14 for its Fiscal second quarter, worse than the expected loss of CA$0.11 and a profit of CA$0.05 from the previous year.
Revenue Decline: The company's revenue for the quarter was CA$272.6 million, below the consensus estimate of CA$274.1 million, contributing to a 45% decline in stock value over the past year.
Market Challenges: Canada Goose is facing challenges from U.S. tariffs and declining sales of luxury winter parkas due to climate changes, prompting the company to explore a sale and diversify into eyewear.
Analyst Ratings: Despite recent struggles, Canada Goose has a consensus Strong Buy rating from four Wall Street analysts, with an average price target of $16.49, suggesting a potential upside of 39.51%.
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- Share Acquisition Details: Kessler Investment Group disclosed on February 3, 2026, via an SEC filing, the acquisition of 379,516 shares of Canada Goose (GOOS) with an estimated transaction value of $5.05 million, reflecting confidence in the luxury market.
- Asset Management Proportion: This transaction brings Kessler's total GOOS holdings to 678,892 shares valued at $8.79 million, representing 3.7% of its 13F reportable assets, making it the fund's 10th-largest holding and indicating a strategic focus on luxury goods.
- Market Performance Analysis: As of February 6, 2026, GOOS shares were priced at $11.24, up 14.7% over the past year, outperforming the S&P 500 by one percentage point, demonstrating its competitive position in the luxury market.
- Financial Health Status: Despite Canada Goose reporting a 14% increase in total sales and a 20% rise in North American revenue in its recent Q3 earnings, its margins and earnings fell short of expectations, prompting investors to monitor its future financial performance and market reactions.
- Share Acquisition: On February 3, 2026, Kessler Investment Group purchased an additional 379,516 shares of Canada Goose (GOOS) for approximately $5.05 million, reflecting confidence in the luxury market.
- Asset Allocation Shift: This acquisition brings GOOS to 3.7% of Kessler's reportable assets under management, indicating its increasing significance within the investment portfolio.
- Performance Overview: Despite GOOS shares priced at $11.24 on February 6, 2026, reflecting a 14.7% increase over the past year, the stock fell over 10% following disappointing earnings, prompting caution among investors.
- Market Outlook: Kessler's increased stake suggests optimism about GOOS's long-term potential, particularly as sales in new product categories have doubled year-over-year, indicating that if the company can manage costs and maintain brand premium, substantial returns may be on the horizon.
- Amazon Downgrade: DA Davidson downgraded Amazon from Buy to Neutral, citing concerns that Amazon Web Services (AWS) is losing market share amid competition from Microsoft and Google, indicating a potential need for increased investment to regain its leading position in the cloud computing sector.
- Merit Medical Initiation: BTIG initiated coverage on Merit Medical with a Buy rating, highlighting its comprehensive product portfolio used across various interventional procedures, which underscores the company's high-quality positioning and growth potential in the medical device market.
- JBS Buy Rating: UBS initiated coverage on Brazilian meat company JBS with a Buy rating and a price target of $19.5 per share, implying a 23% upside, reflecting market confidence in its re-rating and potential stock price appreciation.
- Vistra Upgrade: Goldman Sachs upgraded Vistra from Neutral to Buy, projecting a potential EBITDA increase of 3-9% by 2028, indicating investor optimism regarding its future profitability and growth prospects in the nuclear energy sector.

- Stock Price Adjustment: Barclays has reduced its target price for Canadian Goose shares from $12 to $10.
- Weight Class Change: The company has also adjusted its weight rating from equal weight to underweight.
- McKesson Earnings Beat: McKesson's fiscal third-quarter earnings per share exceeded Wall Street's highest estimates, and the adjusted full-year EPS guidance was raised above analyst consensus, leading to a 16% stock price increase, indicating strong performance in the medical supply sector.
- Bob's Discount Furniture IPO: Bob's Discount Furniture debuted on the New York Stock Exchange with shares priced at $17, recently rising 10%, marking a successful entry into the public market and laying the groundwork for future growth.
- Fluence Energy Earnings Miss: Fluence Energy reported first-quarter revenue of $475.2 million, falling short of the $481.2 million consensus, with a per-share loss of 34 cents missing the 21-cent loss estimate, resulting in a 31% stock price drop, reflecting market concerns over its profitability.
- Cardinal Health Guidance Raised: Cardinal Health reported quarterly adjusted earnings of $2.63 per share, exceeding the $2.36 consensus, with revenue of $65.63 billion surpassing the $64.14 billion estimate, leading to an 8% stock price increase, showcasing strong growth potential in the healthcare services sector.
- Investigation Launched: Holzer & Holzer, LLC is investigating whether Canada Goose Holdings Inc. complied with federal securities laws, indicating potential legal risks that could undermine investor confidence.
- Earnings Report Released: The Q3 fiscal 2026 report revealed that Canada Goose stated, “Margins this quarter reflected deliberate choices we made to expand product relevance,” yet failed to boost stock prices, leading to a decline instead.
- Stock Price Reaction: Following the earnings release, Canada Goose's stock price dropped, reflecting market concerns over its financial performance and future outlook, which could impact the company's financing capabilities and competitive position.
- Legal Consultation Offered: Holzer & Holzer encourages affected investors to reach out to discuss their legal rights, demonstrating the firm's proactive stance in protecting shareholder interests, which may prompt increased investor engagement and actions.









