Press release
Investigation announced for Investors in shares of Canada Goose Holdings Inc. (NYSE: GOOS) over possible Violations of Securities Laws
An investigation for investors in Canada Goose Holdings Inc. (NYSE: GOOS) shares over potential securities laws violations.
Investors who purchased shares of Canada Goose Holdings Inc. (NYSE: GOOS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Canada Goose Holdings Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Canada based Canada Goose Holdings Inc., together with its subsidiaries, designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia Pacific, Europe, the Middle East, and Africa. Canada Goose Holdings Inc. reported that its Total Revenue rose from over $1.09 billion for the 12 months period that ended on March 31, 2022 to over $1.21 billion for the 12 months period that ended on March 31, 2023, and that its Net Income over those respective time periods declined from $94.6 million to $78.59 million.
On March 26, 2024, Canada Goose issued a press release announcing the "reduction of approximately 17% of corporate roles" as part of a transformation program, including, among other things, the departure of the Company's Chief Operating Officer.
Shares of Canada Goose Holdings Inc. (NYSE: GOOS) declined from $13.37 per share on March 13, 2024, to as low as $10.85 per share on April 10, 2024.
Those who purchased shares of Canada Goose Holdings Inc. (NYSE: GOOS) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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