02:30 PM EDT, 08/04/2025 (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 CAD1.00 to CAD16.00, based on 14.5x our FY 26 (Mar.) EPS estimate and below the company's three-year average forward P/E multiple of 17.6x. We raise both our FY 26 and FY 27 EPS estimates by CAD0.05 to CAD1.10 and CAD1.15, respectively. GOOS posted normalized FQ1 (Mar.) EPS of -CAD0.91 vs. -CAD0.79 in FQ1 24, CAD0.04 below consensus estimates on revenues of CAD108 vs. CAD88M and CAD16M above estimates. By channel in FQ1, Direct-to-Consumer revenues increased 24% Y/Y to CAD78M while Wholesale increased 12% to CAD18M. Other Revenue increased 31% to CAD12M. FQ1 gross margin expanded 170 bps Y/Y to 61.4% due to higher margin contribution from its European knitwear facility. We note the company's FQ1 is by far the lowest revenue and earnings quarter due to seasonality of its products catering toward cold weather. We believe the company will continue to trade at a lower multiple than in its past as revenue growth is not what it once was and worry the brand may have been a fad.