Fri, Feb. 13, 12:45 PM
Fri, Feb. 13, 10:00 AM
- Columbia Sportswear (COLM +16.7%) racks up a double-digit gain after smashing profit estimates with its Q4 report.
- Cold weather across key portions of the U.S. worked in the company's favor.
- During the earnings call last night, management reiterated Columbia will stick with a brand-building strategy over M&A.
- F/X is expected to lop off $0.13 from EPS in 2015 vs. $0.11 in 2014.
- Earnings call transcript
Thu, Feb. 12, 4:30 PM| Comment!
Thu, Feb. 12, 4:08 PM
- Columbia Sportswear (NASDAQ:COLM) reports a 15% increase in organic sales in Q4.
- Apparel, Accessories & Equipment net sales +23% to $94.1M.
- Footwear net sales +43% to $49.8M.
- Gross profit rate +80 bps to 45.4%.
- The Columbia brand saw sales growth of 23% to $528M.
- Sorel brand sales +40% to $92.1M.
- COLM +4.84% after hours.
Dec. 17, 2014, 9:11 AM
- Goldman Sach upgrades Columbia Sportswear (NASDAQ:COLM) to a Buy rating from Neutral.
- The investment firm sets a $52 price target on shares.
- Most of the Q4 weather risk for Columbia has been averted, notes Goldman.
- A multi-year track of margin recovery for Columbia is forecast.
- COLM +3.6% premarket.
Jul. 24, 2014, 4:52 PM| Comment!
Feb. 18, 2014, 5:38 PM
Feb. 7, 2013, 4:46 PM
Jan. 16, 2013, 5:41 PM
Jan. 16, 2013, 5:30 PMColumbia Sportswear (COLM) cuts Q4 expectations as the maker of active outdoor apparel's net sales were hurt by mild winter weather during most of the holiday shopping season, leading to lower customer traffic in key markets and a more promotional environment. For the quarter, the company now expects revenue to be in the range of $37M to $40M, with a net sales decline of 5% to $499Mto $503M. Estimates back in October were for around $44M in revenue and net sales growth of as much as 1.5%. Shares -9% AH. | Comment!
Apr. 26, 2012, 5:27 PM
Feb. 3, 2012, 12:57 PM
Oct. 25, 2011, 10:36 AMShares of Columbia Sportswear (COLM +7.8%) pop after the firm knocks out a large $0.34 earnings beat on revenue of $567M (+13% Y/Y). The company reports a spring wholesale backlog of $421M, up 7% from last year. Based on its strong Q3, Columbia raises its outlook for full-year results including an anticipated 15%-16% gain in net sales. | Comment!
Oct. 17, 2011, 11:59 AMSterne Agee downgrades several footwear and apparel companies this morning, citing a number of issues including poor margin improvement and increasing inventory concerns. the firm cuts: Hibbett (HIBB -2.8%), Kenneth Cole (KCP -1.6%), Shoe Carnival (SCVL -2.3%) and Wolverine World Wide (WWW -2.7%) to neutral, and Columbia Sportswear (COLM -3.9%), Dick's Sporting Goods (DKS -1.5%) and K-Swiss (KSWS -6.4%) to underperform. | Comment!
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