Columbia Sportswear stock skyrockets as company swings to profit [MarketWatch]
Columbia Sportswear Company (COLM)
Last columbia sportswear company earnings: 4/30 04:05 pm
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Source: MarketWatch
Columbia Sportswear stock skyrockets as company swings to profit Shares of Columbia Sportswear Co. COLM, -0.99% rallied 12% in the extended session Thursday after the retailer beat Wall Street forecasts for its fourth quarter. Columbia said it earned $113.3 million, or $1.63 a share, in the quarter, versus a loss of $7.1 million, or 10 cents a share, in the fourth quarter of 2017. Adjusted for one-time items, the retailer earned $116.9 million, or $1.68 a share, compared with $1.31 a year ago. Revenue rose 18% to $917.6 million, the company said. Analysts polled by FactSet had expected GAAP and adjusted earnings of $1.28 a share on sales of $848 million. Columbia also said its board of directors has authorized an additional $200 million in stock buybacks. Shares of Columbia ended the regular trading day down 1%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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COLM
News
- Columbia Sportswear (COLM) Down 15% in a Year: Here's Why [Yahoo! Finance]Yahoo! Finance
- Salomon CEO Franco Fogliato Steps Down After Nearly 3 Years at the Helm [Yahoo! Finance]Yahoo! Finance
- Columbia Sportswear Company to Announce First Quarter 2024 Financial Results on Thursday, April 25, 2024 [Yahoo! Finance]Yahoo! Finance
- Columbia Sportswear Company to Announce First Quarter 2024 Financial Results on Thursday, April 25, 2024Business Wire
- 3 Oregonians make Forbes' list of ‘The Richest People in the World' [Yahoo! Finance]Yahoo! Finance
COLM
Earnings
- 2/1/24 - Miss
COLM
Analyst Actions
- 2/2/24 - UBS
COLM
Sec Filings
- 4/17/24 - Form DEF
- 4/17/24 - Form DEFA14A
- 4/17/24 - Form ARS
- COLM's page on the SEC website