This is an excellent write up. I had no idea GOOS was publicly traded.
Anecdotally, the brand appears to be growing here in the UK - I know at least 2 people who have bought jackets in the last 3 months.
For a company with a luxury brand/ strong gross margins / owner operator / considerable buybacks it's unbelievable the share price is down 75% in 5 years!
Have you made any further purchases?
Thanks for bringing this to my attention, I'm looking forward to investing further.
This is an excellent write up. I had no idea GOOS was publicly traded.
Anecdotally, the brand appears to be growing here in the UK - I know at least 2 people who have bought jackets in the last 3 months.
For a company with a luxury brand/ strong gross margins / owner operator / considerable buybacks it's unbelievable the share price is down 75% in 5 years!
Have you made any further purchases?
Thanks for bringing this to my attention, I'm looking forward to investing further.
Thanks for this detailed piece - have there been any changes to your conviction since the stock has continued to decline?
Thanks for the research. FYI, there are some mix up on data between store count and location count.
thanks for the writeup. how do you factor in China's crack down on 'daigou'?