Columbia Sportswear Q1 sales, profit sink on demand softness [Yahoo! Finance]
Columbia Sportswear Company (COLM)
Last columbia sportswear company earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
Columbia Sportswear said profit for Q1 decreased on the back of a decline in net sales primarily driven by lower wholesale net sales in the United States and Canada on the back of retailer cautiousness, a difficult competitive environment, and generally soft consumer demand. Chairman, president and CEO Tim Boyle commented: “2024 has started out broadly in line with our expectations. We are making good progress against our top priorities. Inventory exiting the quarter was down 37% year-over-year, and our Profit Improvement Plan is on track to achieve our savings targets. Based on year-to-date results, we are reiterating our net sales outlook while modestly increasing our diluted EPS range. “Our brand growth acceleration strategies across the portfolio are underway. As warmer weather takes hold, consumers are being introduced to our newest cooling products and technologies, including Columbia Omni-Shade Broad Spectrum Air Flow, and our newest footwear system, Omni-MAX. “Our finan
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COLM
News
- Columbia Sportswear (COLM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Columbia Sportswear Company Hires Michael Minter as SOREL, VP Brand [Yahoo! Finance]Yahoo! Finance
- Columbia Sportswear Company Hires Michael Minter as SOREL, VP BrandBusiness Wire
- Columbia Sportswear (NASDAQ:COLM) Is Paying Out A Dividend Of $0.30 [Yahoo! Finance]Yahoo! Finance
- Columbia Sportswear Company (NASDAQ:COLM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
COLM
Earnings
- 4/25/24 - Beat
COLM
Analyst Actions
- 4/26/24 - Stifel
COLM
Sec Filings
- 5/3/24 - Form 4/A
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- COLM's page on the SEC website