11:40 AM EDT, 10/22/2024 (MT Newswires) -- UBS has cut its one year target on Canada Goose to US$12, from US$13, but kept its Neutral rating. It is also forecasting fiscal second quarter EPS of $0.02 below consensus and expects the company to tweak its FY25 guidance lower for the following three reasons:

1) Canada Goose brand momentum remains weak; 2) The China consumer spending environment for luxury goods has been challenging; and 3) Unseasonably warm U.S. weather.

Price: 14.18, Change: -0.29, Percent Change: -2.00