Shares of Canada Goose tumbled over 18 per cent on Wednesday morning — the most since it went public last year — after its earnings topped forecasts but failed to impress investors. Its revenue for the three months to December also rose over 21 per cent to $265.8 million. "Given the run in the shares, no update to the annual outlook, and a new CFO announcement, the shares could take a breather here," said Brian Tunick, analyst at RBC Capital markets. But Goldman Sachs analyst Lindsay Drucker Mann said that downside risks for the company are "brand fatigue and over expansion". In phone call with analysts after its earnings on Thursday morning, CEO Reiss said the company was not afraid to sell out of jackets as demand jumps.

Source: CBC News February 08, 2018 18:02 UTC