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Fly News Breaks for April 2, 2019
GOOS
Apr 2, 2019 | 18:20 EDT
DA Davidson analyst John Morris sees the pullback in Canada Goose shares as a "buying opportunity" as part of his broader research note called Davidson Datamining, which utilizes big data on Apparel Brands to make actionable stock calls. The analyst states that the company's "average pricing, while still down from last year, has stabilized and the core parka category remains strong." Morris adds that the recent price decline at Canada Goose "was largely due to the change in mix" after the company started to expand its assortment with lighter weight products.
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