Columbia Sptswr Stock Price, News & Analysis

Columbia Sportswear Company (NASDAQ: COLM) reported strong first quarter 2021 results, with net sales rising 10% to $625.6 million. Direct-to-consumer e-commerce grew 35%, driving momentum in overall sales. Gross margin expanded to 51.4%, aided by lower promotional levels and improved inventory management. Operating income surged to $70.5 million compared to a loss the previous year. The company's balance sheet remains robust, with $875 million in cash and no debt. A quarterly dividend of $0.26 per share was approved, and full year outlook has been raised based on current performance.

Columbia Sportswear Company (Nasdaq: COLM) has appointed Emily Rompala as Senior Vice President, Omni-Planning & Fulfillment Operations. In this new role, she will lead the Global Omni-Planning Team and oversee fulfillment operations globally, reporting to Lisa Kulok, Chief Supply Chain Officer. Rompala brings extensive experience from the apparel industry and aims to enhance Columbia's operational capabilities.

Columbia Sportswear is a leading brand in active lifestyle apparel, with a presence in approximately 90 countries and ownership of several other brands.

Columbia Sportswear Company (Nasdaq: COLM) will release its first quarter 2021 financial results on April 29, 2021, at 4:00 p.m. ET. Following this, CFO Jim Swanson will provide commentary on the results at approximately 4:15 p.m. ET via a Form 8-K filing and on the company's website. An investor conference call will take place at 5:00 p.m. ET, available for listening by dialing 877-407-9205 or through a live webcast on the Investor Relations section of their website. Columbia is a leader in the active lifestyle apparel industry and operates in around 90 countries.

Columbia Sportswear Company (Nasdaq: COLM) announces the retirement of Doug Morse, Senior Vice President of Emerging Brands, set for summer 2021. Craig Zanon has been appointed to succeed him, effective April 5th. CEO Tim Boyle highlighted Zanon's extensive experience from Nike to drive growth for SOREL, Mountain Hardwear, and prAna. Morse, a long-serving member since 1994, has significantly contributed to business development and acquisitions. The transition aims to ensure continuity in leadership and strategic focus on brand-led initiatives.

The athleisure market is projected to grow by USD 80.74 billion between 2020 and 2024, despite facing challenges from the COVID-19 pandemic. Technavio’s report highlights that market growth is expected to outpace 2019 levels as businesses adapt through response, recovery, and renewal phases. Key strategies for companies include adjusting strategic planning and building resilience through effective resource allocation. Factors influencing market forecasts include the impact of lockdowns, changes in consumer behavior, and scenario-based planning.

Columbia Sportswear Company (NASDAQ: COLM) reported its fourth quarter 2020 results, revealing net sales of $915.7 million, down 4% year-over-year. Despite a challenging environment, gross margin improved to 50.6%, while net income fell 16% to $95.8 million ($1.44 per diluted share). The company achieved significant e-commerce growth of 41% and announced plans to resume share repurchases and pay a quarterly dividend of $0.26 per share. CEO Tim Boyle highlighted ongoing pandemic-related risks but expressed optimism for continued recovery in 2021.

Columbia Sportswear Company (Nasdaq: COLM) has appointed Skip Potter as Executive Vice President and Chief Digital Information Officer effective April 1, 2021. Potter will lead the company’s global technology organization, focusing on enhancing digital capabilities and supply chain functions. His extensive background includes four years as Nike’s Chief Technology Officer and previous roles at Capital One and British Telecommunications. This strategic move aims to bolster Columbia's digital transformation under the leadership of CEO Tim Boyle.

Columbia Sportswear Company (Nasdaq: COLM) will release its fourth quarter 2020 financial results on February 4, 2021, at 4:00 p.m. ET. Following this, CFO Jim Swanson will provide a detailed review of the financial results around 4:15 p.m. ET, which will be available on Form 8-K and the company’s website. A conference call for analysts and investors is set for 5:00 p.m. ET, with dial-in details provided for participation. Columbia is a leader in active lifestyle apparel and footwear, with brands sold in approximately 90 countries.

Columbia Sportswear Company (Nasdaq: COLM) announced the appointment of Tim Sheerin as Senior Vice President of U.S. Sales for the Columbia brand. Sheerin, who previously spent twenty years at Nike, will report to Franco Fogliato, EVP of Global Omni-Channel. His experience in commercial leadership and strategy is expected to strengthen Columbia’s position in the U.S. market and drive growth. Fogliato emphasized Sheerin's ability to lead high-performance teams, suggesting positive implications for Columbia's sales performance in the coming years.