Columbia Sportswear (COLM) Up on Q1 Earnings Beat, Raised View
Columbia(COLM) Zacks Investment Research·2024-04-26 15:00Columbia 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 ...