NasdaqGS:COLMLuxury
Can Columbia Sportswear’s (COLM) European Momentum Offset Earnings Misses and Shift Its Growth Narrative?
In its most recent quarter, Columbia Sportswear reported US$943.4 million in revenue, a 1.3% year-on-year increase that exceeded analyst expectations by 2.7%, but full-year earnings per share fell significantly short of forecasts.
Management pointed to double-digit sales growth in Europe and sustained international momentum under its ACCELERATE Growth Strategy, highlighting a growing reliance on overseas markets even as profitability lagged expectations.
We’ll now examine how the earnings...