By coinnews 
00:00 Speaker A
Now time for some of today’s trending tickers. We are watching Mettronic and Canada Goose. Joining me now, we’ve got my Morning Brief co-host Madison Mills. All right, let’s set the stage for the folks at home, Madison. First up, medical device maker Mettronic issuing a lower than expected earnings per share outlook for 2026 in its fourth quarter earnings report. The firm also telling Bloomberg that it expects an at least $200 million impact from tariffs on its exports. Shares are moving lower right now by about 2% right now, Maddie.
00:40 Madison Mills
Yeah, really interesting to come out of this here and just to run through some of those numbers again. The adjusted EPS coming in the range of 550 to 560. That was a little below Wall Street estimates of 583 here, but I think some of the sticking points are what the company is doing to sort of be able to withstand the impact of these tariffs. The company saying it plans to separate its diabetes business that houses its insulin pumps, some other wearable medical devices. That’s going to be a standalone company going forward here. That spin-off here is supposed to come in over the next 18 months through a series of deals. The company also talking about concerns about quality management, also cyber security related issues, which is really important within the medical wearable space in particular. This spin-off would allow Medtronics to sort of be able to cushion its profit margins a little bit here. Their heart devices specifically are one of the biggest drivers of the company’s profit. So this spin-off would allow them to focus on that, but as you can see based on the share action this morning under a touch of pressure off nearly 2%.
02:15 Speaker A
Yeah, massive cardiovascular portfolio that the company has here. Next up, the goose is loose. Canada Goose reporting fourth quarter earnings that beat estimates. The stock rising on that beat, despite the company not providing an outlook for fiscal 2026, citing ongoing macroeconomic uncertainty here. Take a look at shares. I mean, flying by about 28, 29% right now, Maddie. I mean, this is not prime Canada Goose wearing weather or season right now, but no doubt Canada Goose had perhaps a good last season, at least.
03:02 Madison Mills
Yeah. No, exactly. That’s exactly right. The revenue was up 7.4% from the same period last year. The question of course for all of these retailers is, okay, well what’s going to happen next? Well, they had a really good story to tell on the call. One rooted in the data that 75% of their units are made in Canada, almost all are compliant with the USMCA agreement, meaning they are currently exempt from tariffs. They do have production in Europe, so that will face an increase in tariffs, but given the small amount of production done in tariffs and the pending negotiations between the United States and the EU, that may not be the biggest impact. The company saying it’s going to be a minimal financial impact. Another key thing for Canada Goose is their customers, obviously a higher end customer when you take a look at some of those higher end companies coming in with earnings, even today you’ve got Toll Brothers for example, we are continuing to see that the luxury higher wealth consumers continue to spend in this environment and that could be a boon for a company like Canada Goose going forward.
04:21 Speaker A
All right, want a tariff free Canada Goose jacket? Just take a flight to Montreal, perhaps, and pick it up. At least if you’re in New York. If you’re in other parts of the country, I don’t know what to tell you, but practice your French. Anyway, you can scan the QR code below to track the best and worst performing stocks of the session with the Yahoo Finance’s trending tickers page. Maddie, thank you.
04:54 Madison Mills
Thank you.