Columbia Sportswear's 3Q24 earnings were disappointing, driven by challenges in the footwear segment, particularly Sorel, leading to margin compression. Despite international growth, Columbia's stock remains a Hold due to high valuation and exposure to discretionary cycle risk. Management's ACCELERATE plan signals deeper issues, aiming to target younger consumers, innovate products, and elevate...
PORTLAND, Ore.--(BUSINESS WIRE)--Columbia Sportswear Company (Nasdaq: COLM, the “Company”), a global leader in designing, sourcing, marketing, and distributing outdoor apparel, footwear, accessories, and equipment products, today announced that the Columbia brand has a new creative agency partner and marketing leadership to oversee the brand's new creative strategy. The approach will lean into ...
Outdoor lifestyle apparel and products manufacturer Columbia Sportswear Co. NASDAQ: COLM is trying to stage a turnaround in its business. After the pandemic-driven surge of 2021, Columbia has been tackling tailwinds comprised of inflationary pressures, economic uncertainty, and inventory glut.
Columbia Sportswear Company Q2 2024 results were disappointing, with challenges in the US and wholesale channels. Management is optimistic for 1H25 growth, but concerns about cyclically challenged outdoors category. Valuation shows stock already discounts positive aspects, not attractive at current prices, rated as hold.
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