COLM News and Press, Columbia Sportswear Company From 08/18/23

Columbia Sportswear Company (Nasdaq:COLM), a global leader in designing, sourcing, marketing, and distributing outdoor, active and everyday lifestyle apparel, footwear, accessories, and equipment products, named Tom Gyles its new Senior Vice President, Global Distribution Network in Canada. M...

Columbia Sportswear Company (Nasdaq:COLM), a global leader in designing, sourcing, marketing, and distributing outdoor, active and everyday lifestyle apparel, footwear, accessories, and equipment products, has hired Woody Blackford as Senior Vice President, Chief Product Officer for the Columbia ...

2023-08-11 12:52:04 ET Summary Tapestry, Inc. agreed to acquire Capri Holdings Limited in an all-cash deal valued at $8.5 billion, causing shares of Capri Holdings to soar and shares of Tapestry to plummet. The deal will unite six leading fashion brands and generate around $12.1 b...

2023-08-10 22:22:42 ET Summary In the second quarter, the company's revenue increased by 7.4% YoY, while operating margin decreased to 1%. The company cut guidance for 2023 due to weak trading trends in the US market, which accounts for 64% of total revenue in 2Q 2023. I expec...

2023-08-10 17:13:22 ET Summary Columbia’s 2023 earnings are set to decline due to demand softness in the U.S. and unusually high inventory levels. This drop in earnings has led to reduced investor enthusiasm and the stock is now trading at a trough multiple on reduced earni...

2023-08-02 10:39:13 ET The U.S. consumer may be resilient, but not all retailers are benefiting. Columbia Sportswear Company ( NASDAQ: COLM ) fell 4.6% after lowering its full year forecast. Net sales this year are expected to increase 2% to 3.5% from 2022 to $3.53B to $...

2023-08-01 20:30:21 ET Columbia Sportswear Company (COLM) Q2 2023 Results Conference Call August 01, 2023 05:00 PM ET Company Participants Andrew Burns - Investor Relations Tim Boyle - Chairman, President and CEO Jim Swanson - Executive Vice President and CFO ...

2023-08-01 16:10:15 ET Columbia Sportswear press release ( NASDAQ: COLM ): Q2 GAAP EPS of $0.14 beats by $0.13 . Revenue of $620.9M (+7.4% Y/Y) beats by $34.1M . Full Year 2023 Financial Outlook Net sales are expected to increase 2.0 to 3.5 percent (p...

Second Quarter 2023 Highlights Net sales increased 7 percent (9 percent constant-currency) to $620.9 million, compared to second quarter 2022. Operating income decreased 29 percent to $6.2 million, or 1.0 percent of net sales, compared to second quarter 2022 operating income o...

Columbia Sportswear Company (Nasdaq:COLM), a global leader in designing, sourcing, marketing, and distributing outdoor, active and everyday lifestyle apparel, footwear, accessories, and equipment products, today announced that Tricia L. Shumavon will be joining the Company in the position of prAn...