** High-end winter clothing brand Canada Goose Holdings Inc on Wednesday posted its slowest revenue growth in eight quarters and forecast even slower sales growth for the next three years
** At least 6 brokerages cut their PT following results
** $1000 parka maker’s Toronto-listed shares fell about 26% to more than 1-yr low on Wednesday
** RBC (“outperform,” PT: C$75) says revenue miss and FY20-22 outlook is driving concern that co’s hyper-growth trajectory is normalizing
** Credit Suisse (“outperform,” PT: C$76) says that despite earnings disappointment, valuation is reaching sobering lows
** GOOS should have done better, given international rollout and cold weather through the quarter - CS
** DA Davidson (“buy,” PT: $42) says investors wary on inventory and FY20 guidance
** GOOS is pulling on all levers to support growth which should uphold margin expansion in the back-half - DA Davidson
** Cowen (“outperform,” PT: C$67, $50) says discrepancy between sales growth and unit growth suggests deceleration
** Susquehanna (“positive,” PT: C$88) says guidance is conservative and a beat-and-raise story is likely throughout the year
** Pullback in the share price is overdone, offers an attractive entry point for long-term holders - Susquehanna (Reporting By Arundhati Sarkar in Bengaluru)
