GOOS stock has hit its lowest point since May as the ongoing protests in Hong Kong continue to weigh on sales for Canada Goose Inc (TSX:GOOS) (NYSE:GOOS).
The luxury parka maker reported its second-quarter earnings earlier this week, which actually beat analysts’ expectations, but saw GOOS stock drop after CEO Dani Reiss said performance in Hong Kong, where the firm has just opened a second store, were significantly impacted by the ongoing protests.
“The situation has intensified since our last call,” Chief Executive Dani Reiss said during a conference call, pointing to a decline ...
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