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Columbia Sportswear Shares Plunge After Q4 Earnings Miss

  • Columbia Sportswear reported Q4 revenue of $1.1 billion, slightly above estimates, but missed EPS expectations with $1.80.
  • Weak first-quarter guidance, with revenue expected between $749M-$764M and EPS of 62-70 cents, led to an 8.86% drop in after-hours trading.
  • CEO Tim Boyle remains optimistic about future growth and cost-saving measures despite current challenges.

Source: Benzinga, Benzinga

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13mo ago
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