|Bid||90.91 x 800|
|Ask||91.10 x 1200|
|Day's Range||90.79 - 91.59|
|52 Week Range||54.89 - 95.58|
|PE Ratio (TTM)||47.68|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||0.88 (0.97%)|
|1y Target Est||96.40|
After signing a deal to deepen his organization's ties to Portland, and before leading a bus tour to Keen, Columbia Sportswear and Nike, the footwear industry's top lobbyist talked this week about the change in mood since President Barack Obama's May 2015 visit to the city.
Consensus estimates for Columbia Sportswear are are too conservative heading into next year, and the company is set for its next leg of upside on the basis of its innovation and Project Connect, the company’s plan to adjust to retail's “accelerating structure change," Kernan said in the upgrade note.
Columbia Sportswear's (COLM) Project CONNECT program, solid international presence and focus on core strategies are likely to continue driving the company.
On August 2, Italy’s communications regulator AGCOM fined Amazon (AMZN) 300,000 euros (~$350,000) for allegedly offering postal services without first obtaining proper authorization, Reuters reported.
IBD 50 stock Canada Goose opened higher Thursday on the heels of a view-topping quarter, as the maker of luxury winter wear and outdoor gear reported relatively hot sales in the summer fiscal first quarter. But the stock fell back to a key level.
Ralph Lauren (RL) is topping the charts, driven by robust earnings trend, effective actions, expansion of digital platforms and international growth.
Columbia Sportswear (COLM) unveils the authorization of additional buybacks of up to $200 million. This share repurchase program takes immediate effect.
Columbia Sportswear Company (COLM), a leading innovator in active outdoor apparel, footwear, accessories and equipment, today announced that its Board of Directors has authorized the repurchase of up to an additional $200 million of company common stock in market or negotiated transactions. Currently, the company has $59.7 million remaining available under the current share repurchase authorization.
Columbia Sportswear , a leading innovator in active outdoor apparel, footwear, accessories and equipment, recently announced that Chris Adamek, who has been consulting with Columbia since January 2018, has officially joined the company as the new Vice President, Chief of Staff for the Columbia brand.
NEW YORK, Aug. 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Regis ...
IBD 50 Stocks To Watch: As the maker of $1,600 luxury parkas heads into earnings Aug. 9, Canada Goose stock has found support at its 10-week line, offering a potential buy point.
Columbia Sportswear’s (COLM) second-quarter results led some analysts to change their target prices on the stock. B. Riley raised its target price from $84 to $87. Canaccord Genuity raised its target price from $81 to $89.
Despite strong second-quarter results and a guidance update on July 26, Columbia Sportswear (COLM) stock plunged the next trading day. Its stock price fell as much as 11.2% on July 27 before finally closing at $85.38, ~7% below the previous day’s closing price. The company is now sitting at YTD (year-to-date) gains of 18.8%.
Along with the second-quarter results, Columbia Sportswear’s (COLM) management also raised its full-year 2018 guidance for both the top and bottom lines. “With the strength in the first half performance we are pleased to increase our full year 2018 financial outlook,” said Tim Boyle, president and CEO of Columbia Sportswear. Gross margin expectations remain unchanged, and the company continues to expect an improvement of up to 60 basis points in non-GAAP gross margin and up to a 140-basis-point increase in GAAP operating margin.
The secretary of state has received a complaint about a compromise struck between Gov. Kate Brown, Nike Inc. and two of the state's most powerful labor unions. The complaint alleges the deal broke state law. Nike declined comment.
For the second quarter of 2018, which ended on June 30, Columbia Sportswear (COLM) reported net income of $11.3 million, or 16 cents per share, versus a net loss of $9 million, or 13 cents per share, in the corresponding period last year. The company exceeded analyst expectations of a net loss of $7 million, or 10 cents per share. The earnings beat was driven by higher sales, better gross margins, stronger SG&A discipline, and a lower tax rate.
Columbia Sportswear (COLM), which reported second-quarter 2018 results on July 26, posted a 20.7% YoY (year-over-year) increase in total sales to $481.6 million. The company outdid Wall Street’s expectations of an 11.7% YoY increase in sales to $446 million. On a non-GAAP basis, sales were up 19% YoY to $474 million.
Higher wages and benefits hint at greater purchasing power and increase in consumer spending. It thus makes good sense to invest in consumer discretionary stocks that are poised to gain from the solid annual growth in wages and benefits.
This was the company’s sixth straight quarter where the top line exceeded expectations. Despite the earnings beat and guidance update, Columbia Sportswear stock shed more than 7% the next trading day. Read part five of the series to know more about the company’s recent stock market performance and its current valuations.
The activewear brand has seen growth accelerate, which has sent shares soaring. But should investors jump on board, or wait for better prices?
Investors turned bullish on Under Armour (UAA) as the company reported its second-quarter top-line beat. UAA stock surged as much as 7.7% on July 27 before finally closing at $22.04—4.5% more than the previous day’s closing price.
Columbia Sportswear's (COLM) top and the bottom lines improve year over year, coming ahead of the Zacks Consensus Estimate in Q2.
The Portland, Oregon-based company said it had net income of 14 cents per share. Earnings, adjusted for non-recurring costs, came to 16 cents per share. The results exceeded Wall Street expectations. The ...