GOOS leaned into its ongoing lifestyle brand shift at its first Investor Day since it’s 2017 IPO, laying out a five-year plan to $3 billion in revenue with a 30% EBIT margin through product line and DTC expansion. The company target implies a 20% CAGR through ’28 over the $1.185 billion mid-point for ’23 guidance. GOOS is aiming for a low-70s gross margin that will flow through to the 30% adjusted EBIT target. It expects price takes, growth in high margin categories, and its vertically integrated Canadian manufacturing to offset any ... Log in to view full article.