4 days ago

Columbia Sportswear Stock Dives On Q4 Earnings, Soft Guidance: 'We Are Continuing To Pursue Cost Savings'

Columbia Sportswear Company (NASDAQ:COLM) shares are tumbling in Tuesday’s after-hours session on the heels of the company’s fourth-quarter financial results. Weak first-quarter guidance appears to be weighing on shares. Here’s a rundown of the report.

  • Q4 Revenue: $1.1 billion, versus estimates of $1.07 billion
  • Q4 Adjusted EPS: $1.80, versus estimates of $1.85

Total revenue was up 3% on a year-over-year basis. Earnings per share grew 16% year-over-year. The company ended the quarter with $815 ...

Full story available on Benzinga.com

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