-Good thing we didn't buy The Goose. Another savant call on my part. lol I actually told you not to buy till after wait and see what he shoes did... let me listen to CC
-I don't think there's ever been a first hike of 50 bp though. Like ever. That might spook the herd a little. -Azek might be ok now. When do they report? -Good thing we didn't buy The Goose. Another savant call on my part. -Disney's a Dow stock like I said. They do their own thing. Some earnings reports and or news, they go up big and some they go down. The Dow is one big ying/yang. It's a 100 yo scam index used for brainwashing the investment mindset of the masses. It's gradually lost a lot of its power over the last 15 years or so with the market cap weighted Naz and S&P being controlled by: ===> A FAT MAN. © (my savant acronym... better than FANG) Amzn, FB, Alphabet, TSLA, MSFT, AAPL, NVDA
I think if we are only going to have 4 rate increases which is the GBA call (some are saying seven) Then it makes sense that one of them be 50BP. For sure. I hear you on the first one maybe being the issue but the market will freak if it's the 2nd time as well... I guess we have to just take the pain. But it would be the correct move.
Moncler S.p.A. (MIL:MONC.MI) Headquartered in Milan, Italy, Moncler S.p.A was founded in 1952 in France and bought by the Italian entrepreneur, Remo Ruffini in 2003. Engaged in the fashion industry, the company designs produces, and distributes clothing apparel and accessories through the brand name Moncler, with specialty products including sportswear, knitwear, skiwear, and outerwear. In December 2020, Moncler S.p.A owned a 100% stake in the Italian luxury sportswear brand Stone Island in a reported deal amounting to $1.36 billion. In addition to this, the company reported global revenue of $1.71 billion, making it one of the world’s leading luxury clothing brands. Operating in over 66 countries, including Austria, France, Germany, Turkey, and the United States, among others, through approximately 129 stores, as well as the wholesale distribution channels, Moncler S.p.A (BIT: MONC) is a notable Italian company.
Canada Goose Outlook Hit By COVID-19 Restrictions GOOS -18.92% Canada Goose Holdings Inc. posted continued gainsi n the third-quarter, but revised down its outlook for the year as traffic in Asia and Europe took a hit from COVID-19. While investors hammered the company’s stock down 14.2 percent to $29.43 in premarket trading on Thursday, president and chief executive officer Dani Reiss told WWD the brand’s underlying momentum remains strong, with shoppers logging in to buy while they stayed away from stores. “It’s a COVID restriction story,” Reiss said. “Around various parts of the world, there have been different restrictions and that’s impaired traffic to stores. Some stores were closed in some areas … Traffic was impaired just because people were guided not to leave their homes.” But the CEO said that over the pandemic business has come back strongly as restrictions are lifted and pointed to the strength in North America as a proof point. “The areas where we’ve seen there are fewer restrictions, you see things are turning back to normal faster,” he said. “People are excited for the pandemic to end in general. I’m optimistic that it will. “What’s really important is that we’ve been able to perform as well as we have through these challenging times and our brand has continued to endure and to grow at 26.5 percent in this quarter and we continue to grow,” he said. “We’ve been a growth company since before we became a public company.” Reiss plans to keep that positioning, focusing on building the parka brand out into a fuller lifestyle offering, launching footwear last year, expanding in apparel and more. The company’s third-quarter profits rose 36.1 percent to 143.6 million Canadian dollars as total revenues increased 23.6 percent to 586.1 million Canadian dollars (a growth rate that was depressed by sales of personal protective equipment a year ago when the company stepped up to boost supplies for the pandemic). Canada Goose’s global e-commercesales rose by 28.1 percent while direct to consumer revenues in Mainland Chinaincreased by 35.1 percent, showing continued growth in a key market in the brand’s expansion plans. Reiss noted that digital sales in China grew by more than 60 percent. But Wall Street seems focused on the outlook revision. The company’s total revenues this year are set to increase to 1.09 billion to 1.105 billion Canadian dollars, down from the previous projection calling for a range of 1.125 billion to 1.175 billion Canadian dollars. Net income per diluted share was adjusted down to a range of 1.02 to 1.11 Canadian dollars from the 1.17 to 1.33 Canadian dollars previously projected. Still want to break out the shoes but this may be a buy!
3,000 shares traded! It's up about a buck from where we got in last week but sleepy! Hugo Boss AG (BOSSY) 13.24+0.41(+3.24%)