Footwear Research

Columbia Sportswear’s Q3 Profits Slump 47 Percent

Columbia Sportswear’s Q3 Profits Slump 47 Percent

Columbia Sportswear reported earnings fell 47 percent in the third quarter as revenues were down 23 percent. Both sales and EPS came in  below Wall Street's consensus targets. Looking forward, the company predicted fourth-quarter earnings would decline between 20 and 35 percent as sales slump in the range of 8 to 11 percent. (Read More)

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