In this case because these companies are "brands", P/E ratios can be mostly ignored here.
I believe CG will follow the same type of a trend and will continue to find support near the 50.00-ish range with perhaps going a bit below at certain times.
In the long-run, this will be a strong brand as they have diversified their product-line and international distribution. Over the course of the next 3-5 years this stock will be well over 100.00 and a top TSX performer.
Also correct that their gloves and knitwear is made in China but that really has no impact on the brand as their most expensive items are still made in Canada. I'm sure all Lululemon's clothes are made in china so it would be a moot point.
They have also drastically widened their line-up of clothes to including not just winter gear, but also spring gear as well and I believe they'll expand it further.
In the end I see it as one of the top growing brands in clothing, period. There aren't many top brands these days, especially when you're talking about winter wear.
Just jokes, zSplit.
Thank you for the history tidbit on LULU. It wiped out prior biases I've had starting this chart.
Fundamentally, I think these new age clothes tickers are absolutely bananas; but financially, they made lots of dollars and sense.
There will always be a market for shiny and expensive and that trend is growing more steadily as time goes on despite people carrying more debt than really ever before. I see Canada Goose as a top developing brand similar to Lululemon.
The fact they can claim their jackets are made in Canada is something they can really push since people are against the whole "made in China" right now.
This will surely be a top growth stock over the next few years thats for sure!