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0.000251256281406985 -0.000628140703517731 0.000628140703517552 -0.00056532663316585 0.00188442211055266 -0.000879396984924716 -0.000376884422110567 0.0050251256281406
Stock impact report

Why Is Columbia Sportswear (COLM) Stock Rocketing Higher Today [Yahoo! Finance]

Columbia Sportswear Company (COLM) 
Last columbia sportswear company earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.columbia.com
Company Research Source: Yahoo! Finance
First-quarter results blew past analysts 'EPS expectations, and revenue also came in ahead of consensus estimates. However, near-term sales demand is likely to be pressured as the company called out a challenging market in North America due to inflation. Looking ahead, full-year EPS guidance was raised and is above Wall Street's estimates, adding to the positivity of the print. To demonstrate the resolve towards improving its bottom-line via its profit improvement program, management noted the business is on track to deliver between $125 million and $150 million in savings by 2026, including $75 million to $90 million in cost savings this year. Some of these savings will likely be channelled towards returning value to shareholders, as demonstrated by the announcement of a regular quarterly cash dividend of $0.30 per share, payable on May 30, 2024, to shareholders of record on May 16, 2024. Overall, this quarter's results still seemed fairly positive, and shareholders should feel Show less Read more
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