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Columbia Sportswear Co. - COLM STOCK NEWS

Welcome to our dedicated news page for Columbia Sportswear Co. (Ticker: COLM), a resource for investors and traders seeking the latest updates and insights on Columbia Sportswear Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Columbia Sportswear Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Columbia Sportswear Co.'s position in the market.

Rhea-AI Summary
Columbia Sportswear Company reported a decrease in net sales, operating income, and diluted earnings per share for the first quarter of 2024 compared to the same period in 2023. Despite the decline, the company maintained a strong cash position and significantly reduced inventories. The company also repurchased $50.2 million of common stock during the quarter. Looking ahead, Columbia Sportswear updated its full-year 2024 financial outlook.
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Columbia Sportswear Company (COLM) will announce its first quarter 2024 financial results on April 25, 2024. The company's Executive Vice President and CFO will provide a commentary on the results, followed by a conference call for analysts and investors. Columbia Sportswear is a global leader in outdoor, active, and lifestyle products, with brands like Columbia, Mountain Hardwear, SOREL, and prAna.
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Columbia Sportswear's Omni-Heat Infinity technology to protect Intuitive Machines' Nova-C lunar lander from extreme space temperatures in a groundbreaking partnership for lunar exploration.
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Rhea-AI Summary
Columbia Sportswear Company reported a 9% decrease in net sales in the fourth quarter of 2023, with an operating income decrease of 27%. The company also experienced a 23% decrease in diluted earnings per share, attributed to a $25.0 million impairment charge related to prAna. However, they exited the quarter with $764.5 million of cash, cash equivalents, and short-term investments, and no borrowings. For the full year 2023, net sales increased by 1%, but operating income decreased by 21%, leading to a 17% decrease in diluted earnings per share. The company repurchased $184.0 million of common stock during the year. The financial outlook for full year 2024 was not provided in the press release.
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-0.87%
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Columbia Sportswear Company (COLM) plans to release its fourth quarter 2023 financial results on February 1, 2024. The company's Executive Vice President and CFO, Jim Swanson, will provide a commentary on the results, followed by a conference call for analysts and investors. Columbia Sportswear is a global multi-brand innovator in outdoor, active, and lifestyle products, with brands sold in approximately 90 countries.
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Columbia Sportswear Company (COLM) appoints Charles Denson, former President of NIKE Brand, as director and member of Audit Committee. Mr. Denson brings valuable industry experience to the board.
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Columbia Sportswear Company (COLM) announces Cory Long as President of SOREL brand, bringing extensive experience in the footwear and apparel industry, expected to fuel the next era of SOREL growth.
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Columbia Sportswear Company announces Q3 2023 financial results, with a 3% increase in net sales and a 7% decrease in operating income. Full-year 2023 financial outlook adjusted with net sales growth of 0.5% to 2.0% and diluted earnings per share of $4.45 to $4.70.
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Columbia Sportswear to release Q3 2023 financial results
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Columbia Sportswear releases 2022 Impact Report, highlighting achievements in ESG efforts and sustainability. Achieved 100% goal of building 26 water filtration projects, supported HERproject training programs benefiting 21,000 workers, expanded greenhouse gas inventory, and maintained high social responsibility ratings. Emissions reductions goal mentioned.
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Columbia Sportswear Co.

Nasdaq:COLM

COLM Rankings

COLM Stock Data

4.47B
33.29M
43.95%
54.11%
4.4%
Clothing Accessories Stores
Retail Trade
Link
US
Portland

About COLM

columbia sportswear company (nasdaq: colm) is a global leader in branded apparel, footwear, accessories and equipment. columbia sportswear company owns the columbia, mountain hardwear, sorel,and prana brands and its products are sold in more than 100 countries. columbia sportswear company brands have earned an international reputation for innovation, quality and performance. to learn more, please visit the company's website at www.columbia.com, www.mountainhardwear.com, www.sorel.com and prana.com.