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Columbia Sportswear Company Message Board

  • Ganymede97 Ganymede97 Mar 26, 2005 4:25 PM Flag

    Markdown Madness!!!

    I was at a VERY LARGE Dick's in Kansas City over the weekend. Massive amount of COLM merchandise on the floor. Most getting HEAVILY marked down. I personally bought an $80 coat for $29. Great deal for me....remains to be seen for the stock. Got to imagine some of the retailers are going to be hesitant to place large restock orders when you are still plowing through giant mark downs. ROC shorts $29. GPS Pants $29. Brutal.


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    • again thats in kansas... Problem is there people arent rich... Here in Maryland we have a dicks and COLM merchandise sold really good. other stores sell mountain hardware which is own by them and thats a very good sellear at a store called REI.. Invest in COLM they have a low PE ratio and cash in the bank. Its a solid value stock..

      • 1 Reply to itsmedcm
      • Well, not really a problem with regional demographics, as much as with the weather. Columbia is a cold weather company. Maryland had a frigid winter and Kansas was mild. I have not seen a well managed company like this one in a long time. Sales are impacted by the weather, but long-term IMHO that sales are on a stratosperic climb. Growth gets harder as you get bigger, but $1 B a year in sales is not big for a big boy like little Columbia. Go buy Gert's book - you will buy more stock later.

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