Is Columbia Sportswear Still A Great Play On Winter Weather?
Fri, Apr. 8, 10:17 AM
- Apparel stocks are getting hammered after Gap's latest monthly sales dud creates a new ripple of worry.
- There's a little bit of a failed feedback loop going on in the sector as teenagers/young adults skip mall visits to spend on other categories while sellers try to innovate their way out of the box. That innovation is leading to excess inventory which in turn leads to more painful discounting
- Decliners include Lululemon (LULU -1.7%), Kate Spade (KATE -1.4%), Deckers Outdoor (DECK -2.5%), Coach (COH -1.6%), Michael Kors (KORS -2.1%), Columbia Sportswear (COLM -1.8%), Carter's (CRI -1.8%), Hanesbrands (HBI -1.3%), Ascena Retail (ASNA -3.9%), Nordstrom (JWN -3.4%), Chico's FAS (CHS -4.2%), Abercrombie & Fitch (ANF -4%), Urban Outfitters (URBN -2.6%), L Brands (LB -3%), Express (EXPR -2.4%), Guess (GES -2.9%), Tailored Brands (TLRD -1.9%) and Zumiez (ZUMZ -2.8%).
- Now read Sell Your Apparel Stocks
Thu, Feb. 11, 5:35 PM
Thu, Feb. 11, 4:20 PM
Thu, Jan. 28, 10:31 AM
- Sizzling numbers from Under Armour seem to be helping some other sports-related stocks in early trading.
- Callaway Golf (ELY +1.1%), Johnson Outdoors (JOUT +3.1%), Black Diamond (BDE +2.5%), Performance Sports Group (PSG +3%), Columbia Sportswear (COLM +2.2%), Foot Locker (FL +0.4%), and V.F. Corp (VFC +1.2%) are all solidly ahead of broad market averages which are in negative territory.
- Previously: Under Armour flies after footwear sales double in Q4 (Jan. 28 2016)
- Previously: All-weather Under Armour shoots 16% higher (Jan. 28 2016)
Tue, Jan. 26, 10:31 AM
- Shoe stocks are off and running today as investors rush back into some favorite names.
- Deckers Outdoor (DECK +3.7%), Wolverine Worldwide (WWW +2.7%), Skechers (SKX +2.4%), Columbia Sportswear (COLM +2.5%), and Crocs (CROX +1.4%) are notable gainers.
- Though a positive BAML note on Foot Locker could be factoring in a bit, it's NPD data showing a strong month for athletic footwear sales (volume +10%, prices +3%) in December that's really stirring up interest.
- Nike's (NKE +0.1%) hanging back a bit from the rally, with a higher exposure to China a potential factor.
Fri, Jan. 22, 10:36 AM
- Investors are placing some bets on select winter storm stocks as the East Coast preps for a snow pummeling.
- Home Depot (HD +3%) and Lowe's (LOW +1.9%) continue to pick up steam after solid sessions yesterday.
- Briggs & Stratton (NYSE:BGG) is up 5.2% as investors bet on higher demand for generators and snowblowers. Peer Toro (NYSE:TTC) is 3.6% higher.
- Arctic Cat (NASDAQ:ACAT) is up 13% since mid-Wednesday as snowmobiles enter the conversation again after a mild start to the winter in the U.S.
- Winter apparel sellers Columbia Sportswear (NASDAQ:COLM) and Black Diamond (NASDAQ:BDE) are both up around 4%.
Mon, Jan. 11, 10:09 AM
- Shoe stocks are under pressure after channel checks on pricing add a new layer of worry.
- Trading lower in morning action are Crocs (CROX -3.2%), Deckers Outdoor (DECK -2.1%), Wolverine Worldwide (WWW -2.4%), Steven Madden (SHOO -2.1%), Skechers (SKX -0.6%), Columbia Sportswear (COLM -2.8%), and VF Corp (VFC -2.6%).
- Under Armour just dipped below $70 after being as high as $105 in October.
- The panicky trading isn't encapsulating sector giant Nike (NKE +0.8%) or the Adidas (OTCQX:ADDYY +3.3%) ADRs.
- Previously: Under Armour slides as new footwear pricing concerns crop up (Jan. 11 2016)
Dec. 18, 2015, 10:06 AM| Dec. 18, 2015, 10:06 AM
Nov. 20, 2015, 10:09 AM
- Strong earning reports from Foot Locker (FL +7.9%), Hibbett Sports (HIBB +4.7%), Sportsman's Warehouse Holdings (SPWH +19.6%) seem to be reverberating around the sportswear/footwear sector.
- Lululemon (LULU +5.3%), Big Five Sporting Goods (BGFV +2.4%), Skechers (SKX +4.4%), Columbia Sportswear (COLM +4.1%), Under Armour (UA +3.6%), V.F. Corp (VFC +1.7%), Steven Madden (SHOO +3.5%), Crocs (CROX +2.2%), and Wolverine Worldwide (WWW +3.3%) are all solidly higher.
- Cabela's (CAB +7.2%) is higher off more merger speculation, while Nike (NKE +5%) gave investors plenty of reasons to smile last night on the buybacks and dividend front.
- Dick's Sporting Goods (DKS -0.2%) hasn't joined the sportswear party quite yet as the company's large retail footprint continues to dampen enthusiasm.
Nov. 17, 2015, 9:37 AM
- A dismal earnings report from Dick's Sporting Goods is impacting peers across the sporting goods sector.
- Dick's peers Hibbett Sports (HIBB -6.6%) and Big 5 Sporting Goods (BGFV -1.9%) are both down sharply in opening trades.
- Nike (NKE -1.2%), Deckers Outdoor (DECK -2.5%), Under Armour (UA -5.3%), and Columbia Sportswear (COLM -3.5%) are all lower in what appear to be related moves.
- Previously: Dick's Sporting Goods -16.7% post Q3 results (Nov. 17 2015)
Nov. 11, 2015, 2:54 PM
- Sequential Brands Group (SQBG -10%), Skechers (SKX -6.6%), G-III Apparel (GII -0.5%), and Columbia Sportswear (COLM -7%) are down sharply on the same concerns sweeping across the apparel store and department store sectors.
- Previously: Retailers eye inventory levels with Black Friday 17 days away (Nov. 10)
- Previously: Should Macy's suppliers be worried? (Nov. 11)
- Previously: Department store sector on watch after Macy's warns (Nov. 11)
Oct. 29, 2015, 5:36 PM
Oct. 29, 2015, 4:08 PM
- Columbia Sportswear (NASDAQ:COLM): Q3 EPS of $1.28 beats by $0.19.
- Revenue of $767.6M (+13.7% Y/Y) beats by $28.87M.
- Shares +9.8%.
Oct. 23, 2015, 10:37 AM
- Shoe stocks are falling sharply after earnings reports from Skechers (SKX -34%) and Under Armour (UA -4.1%) reset expectations on a sector where valuation has been stretched out.
- Decliners today include Rocky Brands (RCKY -1.7%), Crocs (CROX -2.2%), Steven Madden (SHOO -6.2%), Deckers Outdoor (DECK -4.5%), Columbia Sportswear (COLM -9.2%), Nike (NKE -1.8%), DSW (DSW -3.7%), and Caleres (CAL -4.3%).
- Retail shoe selling channels such as Dick's Sporting Goods (DKS -2.3%), Foot Locker (FL -5.8%), and Finish Line (FINL -4.4%) are also sinking.
- Previously: Revenue miss at Skechers has investors scrambling (Oct. 23 2015)
Oct. 8, 2015, 10:20 AM
- The apparel sector is out-gaining market averages as sentiment swings positive. There's been some analysis suggesting that apparel sellers will benefit from the Trans-Pacific Partnership on the cost side. Lower cotton and oil prices are also working in the favor of apparel companies, although hedging against the strong U.S. dollar is an ongoing risk.
- On the manufacturing side: G-III Apparel (NASDAQ:GIII) +2.6%, Columbia Sportswear (NASDAQ:COLM) +2.1%, Michael Kors (NYSE:KORS) +1.8%, PVH Corp. (NYSE:PVH) +1.6%, Ralph Lauren (NYSE:RL) +1.4%.
- On the chain store side: Cato (NYSE:CATO) +5.1%, Ascena Retail (NASDAQ:ASNA) +3.4%, American Eagle Outfitters (NYSE:AEO) +3.4%, Abercrombie & Fitch (NYSE:ANF) +3.1%, Francesca's Holdings (NASDAQ:FRAN) +2.6%, L Brands (NYSE:LB) +2.1%.
Sep. 28, 2015, 5:18 PM
- Columbia Sportswear (COLM -1.9%) has tapped its deputy general counsel, Richelle Luther, as senior VP and chief human resource officer.
- Luther has served as deputy GC since 2008. Previously, she was chief governance officer at Northwest Natural Gas for six years.
- Shares fell today on heavy volume; they're up 32.4% YTD.
Columbia Sportswear Co. designs, develops, markets and distributes active outdoor apparel, footwear, accessories and equipment under four primary brands: Columbia, Mountain Hardwear, Sorel, and Montrail. The company develops and manages its merchandise in two principal categories: Apparel,... More
Sector: Consumer Goods
Industry: Textile - Apparel Clothing
Country: United States
Other News & PR