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Columbia Sportswear Company Message Board

  • kiko_masissi kiko_masissi Sep 29, 2005 6:36 PM Flag

    Also...

    going back to the essence of the what has caused the stock price to drop this year [from the 2Q earnings release]:

    "During the second quarter, we significantly improved inventory levels going into the peak fall shipping season by increasing our shipments of closeout merchandise. These lower margin close-out sales, coupled with our long-term investments, are compressing operating margins in the near-term, but we believe these investments are essential to our long-term growth...For the full year 2005, we continue to maintain previously stated revenue and earnings guidance of net sales growth of approximately 5 percent, and net income decline of 8 to 12 percent when compared to 2004."

    What is the consensus of when these inventory issues will have been worked thru and we'll be renewed sales and EPS growth?

 
COLM
56.74+0.74(+1.32%)Sep 30 4:00 PMEDT