11:55 AM EST, 11/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month price target by CAD4 to CAD20, based on 18x our FY 26 EPS estimate and in line with the company's three-year average forward P/E multiple. This reflects our view of improving fundamentals and GOOS's positioning in luxury, as it caters to a high-income consumer continuing to show strength in the U.S. We maintain our FY 26 and FY 27 EPS estimates of CAD1.10 and CAD1.15, respectively. GOOS posted normalized FQ2 EPS of -CAD0.14 vs. CAD0.05, CAD0.03 below consensus estimates on revenues of CAD273M vs. CAD268M and $1M below estimates. By channel in FQ2, Direct-to-Consumer revenues increased 21.8% Y/Y to CAD127M, while Wholesale revenues declined 1.0% to CAD136M. FQ2 gross margin expanded 110 bps Y/Y to 62.4% due to a higher proportion of DTC revenue, which was partially offset by higher product costs and product mix. SG&A expense as a percentage of revenue expanded 830 bps Y/Y to 68.9% due to labor and training costs, with new store openings and increased marketing spend ahead of the fall/winter season.