Canada Goose

Canada Goose shares fell about 5.5% in premarket trading after Wells Fargo cut its rating to "Underweight" with a C$10 price target and cited near-term structural risks. An announced U.S. tariff of 50% on certain Canadian imports from August 19 further clouds the company’s U.S. outlook. Earlier analyst downgrades and a weak market environment pushed the stock close to its 52-week low of around $8.3–$8.4. » Altro su de.investing.com

Canada Goose has announced the sale of Canadian footwear brand Baffin to manufacturer L.P. Royer. Closing is expected in August and is subject to customary closing conditions; financial details were not disclosed. Canada Goose says the divestiture is intended to focus on its own footwear and lifestyle expansion and to concentrate resources on priority growth opportunities. » Altro su de.investing.com

Canada Goose shares fell about 2% after Williams Trading cut its rating from “Hold” to “Sell” and lowered the price target from Cdn$12.00 to Cdn$10.00. The downgrade was justified by the risk of an additional 50% U.S. tariff on certain clothing imports from Canada, due to take effect on August 19, 2026. Analyst Sam Poser warns that Canada Goose may have to lower or withdraw its fiscal 2027 guidance, since more than 25% of sales come from the U.S., and expresses skepticism about management’s growth strategy. The company will report results for the first quarter of fiscal 2027 on July 30, 2026. » Altro su de.investing.com