Columbia Sportswear Company Reports Fourth Quarter and Full Year 2023 Financial Results; Provides Full Year 2024 Financial Outlook

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Go back to Columbia Sportswear Company Reports Fourth Quarter and Full Year 2023 Financial Results; Provides Full Year 2024 Financial Outlook

Columbia (COLM) sees a 'challenging' year ahead; Shares slump on results, outlook

February 1, 2024 4:49 PM EST

Columbia Sportswears (NASDAQ: COLM) shares plummeted 11% in after-hours trading after the company reported worse-than-expected earnings and revenue.

The outerwear company posted FQ4 earnings per share (EPS) of $1.55, short of the consensus projection of $1.96. Revenue came in at $1.06 billion, missing the estimated $1.08 billion.... More