Columbia Sportswear Company is a leading global brand specializing in outdoor and active lifestyle apparel, footwear, and accessories
The company is known for its innovative technologies and commitment to quality, providing products designed to enhance outdoor experiences in various weather conditions. Columbia's extensive range includes gear for activities such as hiking, skiing, fishing, and camping, catering to diverse consumer needs. With a strong focus on sustainability and responsible sourcing, Columbia aims to inspire adventure and encourage a connection with nature through its offerings.
Columbia Sportswear (NASDAQCOLM) continues to test the limits of its innovative technologies by expanding its partnership with space exploration company Intuitive Machines ahead of its historic second lunar launch later this month. Columbia’s Omni-Heat™ Infinity and Omni-Shade™ Sun Deflector technologies will help protect the lander from the extreme cold and hot temperatures in space and on the Moon. The goal of the mission to the Moon’s south pole is to drill into the surface to search for lunar ice, a feat that has never been attempted in this inhospitable environment.
Outerwear manufacturer Columbia Sportswear (NASDAQCOLM) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 3.5% year on year to $1.10 billion. On the other hand, next quarter’s revenue guidance of $756.5 million was less impressive, coming in 5.3% below analysts’ estimates. Its GAAP profit of $1.80 per share was 7.3% below analysts’ consensus estimates.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a multi-brand global leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment, today announced fourth quarter 2024 financial results for the period ended December 31, 2024.
Columbia Sportswear Company (Nasdaq: COLM) plans to release fourth quarter 2024 financial results at approximately 4:05 p.m. ET on Tuesday, February 4, 2025.
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Let’s dig into the relative performance of Columbia Sportswear (NASDAQCOLM) and its peers as we unravel the now-completed Q3 apparel and accessories earnings season.
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Even though Columbia Sportswear (currently trading at $87.20 per share) has gained 5.2% over the last six months, it has lagged the S&P 500’s 14.2% return during that period. This may have investors wondering how to approach the situation.
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Outerwear manufacturer Columbia Sportswear (NASDAQCOLM) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 5.5% year on year to $931.8 million. The company expects next quarter’s revenue to be around $1.08 billion, slightly below analysts’ estimates. Its GAAP profit of $1.56 per share was 15.4% above analysts’ consensus estimates.
