02:38 PM EDT, 04/29/2025 (MT Newswires) -- UBS does not believe that Canada Goose' fourth-quarter report changes market sentiment.

"The key . . . is we think management won't give FY26 (CY25) guidance due to elevated macro uncertainty and this is likely to keep sentiment rangebound."

UBS sees both upside and downside risks, but thinks these risks balance each other out. The upside risk is the company's self-help initiatives are working, allowing management to give FY26 guidance. This clears a low bar, as sentiment is very weak. The downside risk is weak global luxury consumer spending trends and tariffs cause management to give below-expectations FY26 guidance, resulting in P/E compression.

Canada Goose is rated Neutral, with an US$8 target.

Price: 11.35, Change: -0.15, Percent Change: -1.30