Canada Goose got slammed today, down 31%. Management lowered guidance and anticipates "materially larger losses". Seems like this is just due to their continued expansion plans during a typically seasonally slow sales quarter. Unlikely this reaction was completely reasonable to the extent it was, 20-25% seems like a reasonable response. Great time to buy stock in Goose. Found this article that talks about some of these points.
http://225research.com/why-now-is-the-time-to-buy-canada-goose-stock/
What do you think? Buying opportunity for Goose or get out while you can?
Submitted May 29, 2019 at 08:43PM by st90210 http://bit.ly/2KdA3vu
