Long-time Canada Goose (GOOS) CEO Dani Reiss is in no rush to feed the beast that is Wall Street's growth machine.
"No, we don't feel pressure from Wall Street, we are a global brand that has many opportunities to grow," Reiss told TheStreet. "We aren't going to change the way we have operated this business now that we are public."
Wall Street loves growth companies, especially newly minted public ones. Hence, it's no shock investors have flocked to Canada Goose, a 60-year old brand founded by the Reiss family, since its successful 2017 IPO. To be sure, Wall Street has been given everything it has asked for from Canada Goose.
Shares of Canada Goose have skyrocketed 106% over the past year, supported by impressive quarterly results. Canada Goose has proven it's ready to tap into its brand's potential by opening flagship retail stores in top markets globally and a pushing into knitwear. And, Reiss also told TheStreet the company's eCommerce business continues to grow in importance.