3 Key Takeaways From Canada Goose's Earnings Report
The fiscal 2020 fourth-quarter earnings report Canada Goose Holdings (NYSE: GOOS) delivered on June 3 showed the apparel retailer actually doing well. Its performance was far better than most analysts had feared it would be, and the stock price responded with an immediate 17.7% pop that it held onto thereafter.
But even after that bounce, the company's stock is trading down nearly 47% from its 52-week high set in July 2019. Still, after listening to what CEO Dani Reiss and his team had to say on the conference call that followed the report, I believe the winter apparel specialist's previous 52-week highs are well within reach.
Here are the three reasons why this stock still has a chance to soar.
Source Fool.com
