Economy

Luxury apparel maker Canada Goose's revenue rises 34.7 pct

Luxury apparel maker Canada Goose's revenue rises 34.7 pct”

(NASDAQ:GOOS), 3 rate it "Buy", 6 "Outperform", 4 "Underperform", 1 "Sell", while 0 "Hold". The firm's quarterly revenue was up 79.6% on a year-over-year basis. analysts expect that Canada Goose Holdings will post 0.43 earnings per share for the current year. JPMorgan Chase & Co. owned 0.07% of Canada Goose Holdings as of its most recent SEC filing. If you are reading this news story on another site, it was stolen and reposted in violation of USA and global copyright and trademark laws. The correct version of this piece can be viewed at https://stocknewstimes.com/2017/11/09/canada-goose-holdings-goos-buy-rating-reaffirmed-at-canaccord-genuity.html. Fidelity Institutional Asset Management is the second biggest holder with 4 million shares now valued at 83.92 million whilst Lord, Abbett & Co LLC has 2 million shares valued at 43.61 million.

Shares of Canada Goose Holdings Inc.

The biggest institutional shareholders in Canada Goose Holdings Inc. include Bain Capital Investors Llc which owns 48 million shares in the company valued at $759.62 million. Fred Alger Management Inc. now owns 813,020 shares of the company's stock worth $16,057,000 after buying an additional 292,805 shares during the last quarter. Pacad Investment Ltd. acquired a new stake in Canada Goose Holdings in the 2nd quarter valued at about $346,000. Institutional investors and hedge funds own 27.19% of the company's stock.

ILLEGAL ACTIVITY NOTICE: "24,600 Shares in Canada Goose Holdings Inc".

The company has opened five stores in major cities, including London and Tokyo, since going public in March to keep up with increasing demand, while ramping up production locally with two new manufacturing facilities in the country.

The company, best known for its expensive parkas and jackets, launched a line of knitwear in August that was well received, according to Baird analysts.



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