Canada Goose Holdings Inc. (GOOS): “Bain May Be Back,” Says Jim Cramer

We recently published 12 Stocks Jim Cramer Discussed As He Said SpaceX’s Starlink Internet Could Help President Trump. Canada Goose Holdings Inc. (NYSE:GOOS) is one of the stocks Jim Cramer recently discussed.

Canada Goose Holdings Inc. (NYSE:GOOS) is a Canadian high-end apparel retailer. Its shares have gained 33.7% year-to-date on the back of two major moves. The first of these was in May, and it sent the stock soaring by a whopping 41%. The catalyst for the share price gain was Canada Goose Holdings Inc. (NYSE:GOOS)’s fiscal fourth quarter earnings, which beat analyst revenue and EPS estimates. The firm’s shares then soared by 16% in August after CNBC reported that private equity firm Brain Capital had been approached for taking the firm private. Here is what Cramer said about the development:

“Look, Goose is Bain may be back. If you remember, Bain had 70% when it came public.”

Photo by Erik Mclean on Unsplash

The CNBC TV host had discussed Canada Goose Holdings Inc. (NYSE:GOOS) in May. Here is what he said:

“That’s good. They’ve been, terrific. Dani Reiss’s a terrific guy. That’s been a very tough one to won.”

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.