Columbia(COLM)
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Columbia(COLM) - 2024 Q2 - Quarterly Results
2024-07-25 20:05
Exhibit 99.1 Columbia Sportswear Company Reports Second Quarter 2024 Financial Results; Updates Full Year 2024 Financial Outlook Second Quarter 2024 Highlights • Net sales decreased 8 percent (7 percent constant-currency) to $570.2 million, compared to second quarter 2023. • Loss from operations of $23.8 million, or (4.2) percent of net sales, compared to second quarter 2023 operating income of $6.2 million, or 1.0 percent of net sales. • Net loss per share of $(0.20), compared to second quarter 2023 dilute ...
Countdown to Columbia Sportswear (COLM) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-07-25 14:21
Wall Street analysts expect Columbia Sportswear (COLM) to post quarterly loss of $0.31 per share in its upcoming report, which indicates a year-over-year decline of 321.4%. Revenues are expected to be $572.96 million, down 7.7% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Be ...
Columbia Sportswear (COLM) Q2 Earnings Coming Up: Things to Note
ZACKS· 2024-07-22 14:10
Columbia Sportswear Company (COLM) is likely to register a top and bottom-line decrease when it reports second-quarter 2024 earnings on Jul 25. The Zacks Consensus Estimate for revenues is pegged at $573.4 million, which indicates a 7.7% decline from the year-ago period.The consensus mark for the bottom line has deteriorated by a penny in the past seven days to a loss of 31 cents per share. This indicates a substantial decline from the year-ago quarter’s earnings of 14 cents. That said, COLM has a trailing ...
Strategic Moves Aid Columbia Sportswear (COLM) Despite Obstacles
ZACKS· 2024-06-11 13:21
Columbia Sportswear Company (COLM) appears well-positioned for long-term growth, supported by its focus on key strategies. The company is on track to enhance operational efficiency and protect profits through its multi-year profit improvement program amid a tough operating landscape in North America and high SG&A costs.Strategic Priorities UnderwayAs part of its strategic priorities, Columbia Sportswear intends to continue with its demand creation investments, which are aimed at driving brand awareness and ...
Columbia(COLM) - 2024 Q1 - Quarterly Report
2024-05-02 20:52
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to_______ ————————————————————— Commission file number 000-23939 ————————————————————— COLUMBIA SPORTSWEAR COMPANY (Exact name of registrant as specified in its ch ...
Columbia Sportswear (COLM) Up on Q1 Earnings Beat, Raised View
Zacks Investment Research· 2024-04-26 15:00
Columbia Sportswear Company (COLM) posted first-quarter 2024 results, wherein both the top and bottom lines declined year over year due to a tough operating landscape in the United States and sluggish overall demand. However, both metrics came ahead of the respective Zacks Consensus Estimate. Management raised its bottom-line view for 2024 while keeping the sales guidance unchanged.Shares of this Zacks Rank #3 (Hold) company jumped 10.1% in the after-market trading session on Apr 25.The company is on track ...
Columbia(COLM) - 2024 Q1 - Earnings Call Transcript
2024-04-25 22:50
Columbia Sportswear Company (NASDAQ:COLM) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Andrew Burns - Vice President, Investor Relations & Strategic Planning Tim Boyle - Chairman, President & Chief Executive Officer Jim Swanson - Executive Vice President & Chief Financial Officer Conference Call Participants Bob Drbul - Guggenheim Laurent Vasilescu - BNP Jim Duffy - Stifel Jonathan Komp - Baird Mitch Kummetz - Seaport Research Alex Douglas - TD Cowen Paul Lejuez - Citigrou ...
Columbia Sportswear (COLM) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-25 22:30
Columbia Sportswear (COLM) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 102.86%. A quarter ago, it was expected that this maker of outdoor gear would post earnings of $2 per share when it actually produced earnings of $1.86, delivering a surprise of -7%.Over the last four quarters, ...
Columbia(COLM) - 2024 Q1 - Earnings Call Presentation
2024-04-25 21:22
Columbia Sportswear Company. CFO Commentary and Financial Review First Quarter 2024 April 25, 2024 FORWARD-LOOKING STATEMENTS This presentation does not constitute an offer or invitation for the sale or purchase of securities and has been prepared solely for informational purposes. This presentation contains forward-looking tatements within the meaning of the federal securities laws regarding Columbia Sportwear Company's business opportunities and anticipated results of operations. Forward-looking statement ...
Columbia(COLM) - 2024 Q1 - Quarterly Results
2024-04-25 20:05
Exhibit 99.1 Columbia Sportswear Company Reports First Quarter 2024 Financial Results; Updates Full Year 2024 Financial Outlook First Quarter 2024 Highlights • Net sales decreased 6 percent to $770.0 million, compared to first quarter 2023. • Operating income decreased 21 percent to $44.7 million, or 5.8 percent of net sales, compared to first quarter 2023 operating income of $56.4 million, or 6.9 percent of net sales. • Diluted earnings per share decreased 4 percent to $0.71, compared to first quarter 2023 ...