Zacks Research upgrades Canada Goose stock to Hold

Published on 10/06/2026 at 08:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal first-quarter revenue rose 10.30 percent to USD 83.71 million. Canada Goose stock costs EUR 6.82 on October 6, 2026, versus EUR 6.79.

GOOS, CA1350861060, Illustration mit AI erstellt.

Zacks Research upgraded Canada Goose from strong sell to hold in a research report issued on September 30, 2026, as MarketBeat reports. The move gives GOOS stock a fresh analyst reference while the company prepares for its key cold-weather selling season.

Revenue beat but losses remain

Canada Goose reported USD 83.71 million of revenue in the fiscal first quarter of 2027, up 10.30 percent from the prior-year period and above the USD 76.34 million consensus estimate, according to MarketBeat. The adjusted loss was USD 0.64 per share, better than the USD 0.70 consensus loss, so the revenue comparison and earnings comparison both favored the company despite the seasonal deficit.

The result also shows why the rating change is not a clean turnaround signal. The first quarter is a seasonally weak period, and management said retail traffic was weaker while e-commerce delivered double-digit growth and better conversion at the September 14 Goldman Sachs conference, according to Investing.com.

Beyond parkas before the holiday season

At the same conference, Canada Goose said non-down products accounted for about 50 percent of unit sales and that fiscal 2026 sales per square foot exceeded CAD 4,000 across its store fleet. Management is targeting low-single-digit revenue growth in fiscal 2027 while keeping selling, general and administrative expense growth below revenue growth.

Tariffs remain a measurable counter-factor. Management expects less than 200 basis points of tariff impact on fiscal 2027 results, while the company is increasing marketing investment ahead of the holiday period. Canada Goose said its next major update will come with fiscal second-quarter 2027 results in early November, according to Investing.com.

Stock remains near its yearly low

Canada Goose stock was trading at EUR 6.82 at Lang & Schwarz on October 6, 2026 at 8:37 a.m. CEST in the pre-market, up 0.44 percent versus the prior close of EUR 6.79 on October 5, 2026. The primary NYSE quote was USD 7.62 at October 5, 2026 at 4:00 p.m. EDT, within the USD 7.36 to USD 14.60 52-week range.